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Which the cost of the annual service of a motor vehicle be

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Reference no: EM132983268

Under IAS 16/AASB 116

Problem 1: The cost of the annual service of a motor vehicle should be:

Select one:

a. written off as repairs and maintenance.

b. capitalised and added to the carrying amount of the vehicle.

c. added to the original cost of the vehicle.

d. can be either written off as repairs and maintenance or added to the carrying amount of the vehicle.

Reference no: EM132983268

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