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A company with a 31 December year-end bought equipment for R30 000 cash on 1 July 2020. The company uses the diminishing balance method to

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A company with a 31 December year-end bought equipment for R30 000 cash on 1 July 2020. The company uses the diminishing balance method to depreciate equipment at a rate of 10%. Annual depreciation for the year ended 31 December 2021 on this equipment will be : O A. R3 000 B. R3 500 O G. R2 850 D. R1 500

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