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Consider yourself a businessman (in case not having a business you can study the business of friends and family), you have to identify 100 and

Consider yourself a businessman (in case not having a business you can study the business of friends and family), you have to identify 100 and have to write journal entries about those transactions. Mention the journal entries that have been passed in the books of accounts and their impact on the financial statements. a. Explain the purpose of the transactions. b. What impact it made on your business? c. At what rate the depreciation percentage is charged in capital transactions and the method of depreciation used

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