Thai Sikh International School
E-Learning Programme – Online
Assignment – 09-04-2013
Name
: Subject
: Accounting

1. Amir’s financial
year ends on 30 December.
On 1 January2004he purchased a machine
for $ 12000. He decided to revalue the machine at the end of each financial
year. On 31 December 2004 he valued the machine at $ 8500.
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