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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

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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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In accounting depreciation is a non cash expense that reflects the allocation of the cost of a non c…View the full answer


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Cambridge International AS And A Level Accounting

Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Details
Chapter # 25
Section: Self Test Questions
Problem: 54
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Question Posted: August 24, 2023 13:59:55
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