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A four year of leave on olloul 2014of theO company purchared4 Аfor Ru 10,00.000. It i decided to provide for replacementleave at the end of 4 years by setting up a depreciation fund.It is expected thatinvestment will fetch at 124. , Sinking fundtable shows that Rs. 0.2092234 inverted each year will produceat the end of 4 years at 124. per annum. Investment were madein 124. govt bonde which will be sold for Rs. 6.98,940 at the end ofuth year. Perepare recue Alc , Depreciation fond Alc. Depreciation tundinvestment Ale.Solution! |
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