Andrew's Bespoke Hospitality Supplies bought a delivery truck on 1/7/2018. It cost $33,000 (including GST), and it was decided to depreciate it at 30%.

At the end of the financial year, on 30/06/2019, the balance of the accumulated depreciation of the truck was $15,300.

On 31/03/2020 Andrew traded it in on a new delivery truck. He received $8,800 for the trade in, and he paid the balance, $44,000, in cash. All figures included GST.

Andrew's Bespoke Hospitality Supplies uses the diminishing balance method.

Complete the following activities,

depreciation worksheet

journal entries for depreciation

ledger for vehicle , accumulated depreciation and depreciation

income statement and balance sheet