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Motor Vehicles Are Shown in the Statement of Financial Position

question 57

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Motor vehicles are shown in the statement of financial position of Yong Ltd as: 20172018 Motor Vehicles at Cost $83,000$95,000 Less Accumulated Depreciation $10,000$15,000 Carrying Value $73,000$80,000\begin{array}{lll}& 2017 & 2018 \\\text { Motor Vehicles at Cost } & \$ 83,000 & \$ 95,000 \\\text { Less Accumulated Depreciation } & \$ 10,000 & \$ 15,000 \\\text { Carrying Value }& \$ 73,000 & \$ 80,000\end{array} Assuming that no vehicles were sold, the value of vehicles purchased during 2015 was:

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Definitions:

Jurisdiction

The power of a court to hear cases and resolve disputes.

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Secondary boycotts are actions where a group refuses to work for or do business with a company as a means of protest or to force some change, often in labor disputes.

National Labor Relations Act

a foundational statute of US labor law that protects the rights of employees to organize, bargain collectively, and engage in concerted activities for mutual aid or protection.

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