Non-current assets cost $50000; they have an estimated life of ten years. Depreciation is provided at $5000
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Non-current assets cost $50000; they have an estimated life of ten years. Depreciation is provided at $5000 per annum. How much cash is set aside as depreciation in order to replace the assets in the future? Explain how the cash flow of a business is affected.
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Related Book For
Cambridge International AS And A Level Accounting
ISBN: 9781444181432
1st Edition
Authors: Ian Harrison
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