11- Cost of an equipment (non-current asset) is SR800,000. Its accumulated depreciation is SR300,000. This equipment was sold for SR490,000. The journal entry to record this sale is: 11- Purchase of machine for $R5.000, in cash. Which journal entry is right? 12- A company purchased a machine on 01.01 .2023 for SR1,000,000. The depreciation method is declining balance at 40%. Which depreciation expense will be recorded on the years ended in 31.12.2023 and 31.12 .2024 ? a) 31.12.2023=40%SR1,000,000=SR400,000 31.12.2024=40%SR1,000,000=SR400,000 b) 31.12.2023=40%1,000,000=SR400,000 31122024=40%(1,000,000SR600,000)=SR160,000 c) 31122023=40%SR1,000,000=5R400,000 31.12.2024=40%SR1,400,000=SR560,000 d) 31.12.2023=40%1,000,000=SR400,000 31.12.2024=40%(1,000,000SR400,000)=SR240,000