Equipment R20 000

Accumulated depreciation R16 000

Depreciation is calculated at 20% p.a on a diminshing method. An old equipment was disposed of for R1 500 cash on 1 December 2021. The equipment originally posted R 3 000. The Accumulated depreciation for previous years is R700. The profit/loss for the disposed equipment is...

Land and buildings: R11 000000 , vehicles R1 000 000, Equipment R900 000 and cash and cash equivalents R705 000. The total f non-current assets is: A. R13 605000 B. R11 705000 C. R12 900000 D. R12 705000 Equipment R 20000 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 profit/loss for the disposed equipment is A. Profit/loss R92. B. Profit/loss R460 C. Profit/loss R300 D. Profit/loss R455