21
for
1st April 2015, Laumi Enterprises Ltd
puschased the lease of certain premises
E E 10,000 l It was decided to raise
I depreciation fund to accumulate this
amount at the end of the lease which
has 5
years
to
run. The rate of interest
being taken at 3% According to the
tables E o. 1884 poa , amount to Z 11-
to tato 5 years at 3% Write up the
appropriate accounts including the
interest Account for the years.
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