On 1st january 1958 the argos co purchased a lease for


Question: On 1st January, 1958, the Argos Co. purchased a lease for £10,000. The lease was for 20 years. It was decided to use the Annuity method of amortisation taking interest at 3 %. Give the Lease Account for the first four years.

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Accounting Basics: On 1st january 1958 the argos co purchased a lease for
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