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motor van was bought on 1st January 2018 for $10,000 The policy is to depreciate the motor van at 20% on straight line method Required:
motor van was bought on 1st January 2018 for $10,000
The policy is to depreciate the motor van at 20% on straight line method
Required:
- Calculate the annual depreciation for the years ended 31st December 2018, 2019 and 2020.
- Show the following accounts for the three years
- Motor vehicles account.
- Accumulated depreciation account.
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Government Auditing Standards 2011 Revision
Authors: U. S. Government Accountability Office, Comptroller General Of The United States
1st Edition
1482311372, 978-1482311372
