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1. Plant was purchased on 2 January 2020 for R100 000. The depreciation rate 10%, wear & tear rate 20%. 2. Equipment was purchased on

1. Plant was purchased on 2 January 2020 for R100 000. The depreciation rate 10%, wear & tear rate 20%. 2. Equipment was purchased on 30 June 2019 for R80 000. The depreciation rate 20%, wear &tear rate 25% 3. Land was Purchased for R200 000 on 1 January 2018. 4. The trade receivable balance as at 31 December 2021was R35 000. 5. Interest receivable as at 31 December 2022 is R10 000 6. Dividends receivable balance from wholly owned

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