Prepare fixed assets schedule if depreciation is charged

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Reference no: EM13259319

A company has opening balance of $ 10, 00,000 in its fixed asstsaccount. Accumulated depreciation was $6, 00,000. There was anaddition of fixed assets of $5, 00,000 at the beginning of year while there was no sale of fixed asset. Prepare fixed assets schedule if the depreciation is charged for the year @15% onoriginal cost.

Reference no: EM13259319

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