Easy Limited purchased a plant on 1 January 2017 for R300 000 on credit. Depreciation is provided over its useful life of 5 years to a nil residual value using the straight line method. Easy Limited measures plant under the revaluation model. The plant was revalued as follows: 01 January 2019 R240 000 01 January 2020 R200 000 Easy Limited transfers the maximum amount from the realised portion of the revaluation surplus to equity.

Required: Prepare the journal entries for the plant for years ended 31 December 2017 to 2020.