Question

The original cost of furniture and fixtures amounted to 7 4,000 and it is decided to write off 5% on the
diminishing value of asset as depreciated at the end of each year. Show the ledger account as it will appear
during the first four years.
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Answer 1

Answer:

of furniture and fixtures amounted to 7 4,000 and it is decided to write off 5% on the

diminishing value of asset as depreciated at the end of each year. Show the ledger account as it will appear