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A car costing 7,000,000 riyals and its depreciation complex was 4,000,000 riyals, due to its...

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Accounting

A car costing 7,000,000 riyals and its depreciation complex was 4,000,000 riyals, due to its being out of service as a result of an accident.

Prepare accounting entries related to the scrapping process

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