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DEPRECIATION question: PREPARE T ACCOUNTS and LEDGERS Buildings 520,000 Vehicles 170,000 Depreciation is to be provided as follows: a. Buildings 12.5% on cost; b. Vehicles

DEPRECIATION question: PREPARE T ACCOUNTS and LEDGERS

Buildings 520,000

Vehicles 170,000

Depreciation is to be provided as follows:

a. Buildings 12.5% on cost;

b. Vehicles 20% reducing balance.

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