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What would be the closing balance of the machine

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Question - LC Waikiki spent IDR 30,000,000 on new pattern-making machine at 31 August 2015. The machine has a useful life of 10 years. What would be the closing balance of the machine per the company's balance sheet as at year end 2017?

Note: assume 31 December year end and straight-line method is used. (a) Close to IDR 24,000,000 (b) Close to IDR 23,000,000 (c) Close to IDR 20,000,000 (d) Close to IDR 21,500,000 (e) None of the above

Reference no: EM133164693

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