Emma Jacobs was declared insolvent. Her estate will pay 20 cents of every rand she owes us. She owed us R1 700 . The rest must be written off. Bad debts at the end of the year will be: A. R1 360 B. R840 C. R860 D. R1 860 Chad Partners: Balances on 30 June 2021. Vehicles R300 000 Accumulated depreciation R50 000. Adjustment Depreciation is calculated at 10% on cost. An old vehicle was disposed on 01 January 2022 for R20 000 cash. The disposed vehicle originally costed R25 000 and the Accumulated depreciation is R 3000 . Profit/loss for the disposed vehicle is: A. Profit/loss R3 000 B. Profit/loss R750 C. Profit/loss R500 D. Profit /loss R1 250 This equation is incorrect: A. Liabilities = Assets - Owners' Equity B. Liabilities - Owners' Equity = Assets. C. Assets = Owners' Equity - Liabilities D. Owners' Equity = Assets - Liabilities A. R 1750 B. R17 500 C. R3 150 D. R31 500