please seniors solve the query
Plant at cost 90,000
Equipment 57,500
Provision for depreciation
Plant 12,500
Equipment 32,500
Depreciation for the year has to be yet provided as follows:
Property 1% using straight line method
Equipment 15% using straight line method
Kindly solve the above query and mention the figures to be posted in income statement and Balance Sheet
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"There is little difference in people; but, that little difference makes a big difference. That little difference is attitude. The big difference is whether it is positive or nagative."
-- W. Clement Stone
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