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Old Thursday, May 05, 2011
mjkhan mjkhan is offline
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figures to be posted in P and L

PLANT 90000*.01=900

EQUIPMENT 57500*.15=8625

figures to be included in balance sheet

12500+900=13400

32500+8625=41125

i think you mistyped plant as property while giving depreciation rates.
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xavier (Friday, May 06, 2011)