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Depreciation for new assets commences in the month in which the asset is acquired. Required: For Quartey Ltd, prepare the following ledger accounts for the
Depreciation for new assets commences in the month in which the asset is acquired.
Required: For Quartey Ltd, prepare the following ledger accounts for the year ended 30 June
2018.
i) Provision for Depreciation of Machinery (2 marks)
ii) ii) Provision for Depreciation of Equipment (4 marks)
iii) iii) Disposal of Equipment (3 marks)
iv) iv) Motor vehicle (1 mark)
(
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