=+4. On 1st January, 1958, the Argos Co. purchased a lease for 10,000. The lease was for
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=+4. On 1st January, 1958, the Argos Co. purchased a lease for £10,000.
The lease was for 20 years. It was decided to use the Annuity method of amortisation taking interest at 3 %. Give the Lease Account for the first four years.
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