6. O Hamid Zaman had the following assets in his books on 1 January 2005; Leasehold Premises: Cost Rs 750,000, Book Value Rs 600,000, Lease is for 50 years. Motor Vehicles: Cost Rs 800,000, Book Value Rs 600,000, Depreciation rate 25% on reducing balance method. Show the relevant accounts in Hamid Zaman's ledger, assuming that he does not maintain Provisions for Depreciation accounts. Basic facts as for the previous question. Now assume that Hamid Zaman does maintain a Provision for Depreciation Account for each of his fixed assets. Show his ledger accounts. Basic facts as for Question 4. Show ledger accounts for each of the assets for the year ended 31 Dec. 2005 7. 8