jack sold his holiday homefor $330000. He had on bought a house on 7 may...

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Accounting

jack sold his holiday homefor $330000. He had on bought a house on 7 may 2002 and had incurred the following expenses ; purchase price, stamo duty, rates and taxes,ongoing repairs, interest on loan used to acquire property and commision on sale. state the number for the element and state yes or no to indicate whether it should be included in the cost base.

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