Fixed assets are recognised as having a useful working life before becoming worn out or obsolete. The limited life of these assets is recognised by depreciating them over the estimated period of time. For this assessment task, you will need to visit Australian Taxation Office (ATO) website and download information regarding depreciation rules and relevant legislations. Use the information to complete the following tasks. Using the information completed in Assessment Task1, Calculate depreciation of all non-current (fixed) assets in the Asset Register Assuming that the asset will either be written off, traded or upgraded at the end of the depreciation period, workout an appropriate disposal value Part B You will need to create/ use a General Journal and General Ledger templates for this part. Standard templates will be provided by your trainer/ assessor. You may also use templates used in other assessment tasks in this unit