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I want the solution in the same way and with the same names. QI - A company purchases a machine on 1 July 2006 at
QI - A company purchases a machine on 1 July 2006 at a cost of SR. 165,000 and spent SR. 15,000 on its installation. The company writes off Depreciation at 10% per annum by the Straight Line Method, the books are closed 31 December every year. Show the Machinery Account and Depreciation Account for three years. Solution: Dated Dated Particulars Particulars Machinery Account Amounts Dated Depreciation Account Amounts Dated Particulars Particulars Amounts Amounts
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
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