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What is the result of selling the god

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Problem 1: On 9/30/1430, Al-Rasheed Establishment sold a machine whose original cost was 200,000 riyals in exchange for 120,000 riyals in cash. It started on 1/1/1429 and it was consumed by the straight-line method, the scrap value is 40,000 and the useful life is 10 years. What is the result of selling the god?

Reference no: EM132744395

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