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28 February 2022. Equipment R20 000 Accumulated Depreciation R16 000. Depreciation is calculated at 20% p. a. on a diminishing method. An old equipment
28 February 2022. Equipment R20 000 Accumulated Depreciation R16 000. Depreciation is calculated at 20% p. a. on a diminishing method. An old equipment was disposed for R1 500 cash on 1 December 2021. The equipment originally costed R3 000. The Accumulated depreciation for previous years is R. 700. The depreciation for the year for the disposed equipment is: O A. R460 OB. R345 OC. R92 OD. R225
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