Mailings Review View Table Design Layout Tell me 24 AaBbCcE: AaBbCcDdEe AaBbCcDdEe Heading 1 Normal No Spacing Balance Day Adjustments 1. Stock on hand at 30.6.2020 $252300 2.6 months of insurance of $12000 was paid on 31 March 3. Office salaries expense is $5600 4. Allowance for doubtful debts is to be 11% of debtors 5. Plant was purchased on 28 February this year, and it has been used for 2900 hours this period. It has an estimated life of 75000 hours and a residual value of 8% on cost. 6. Furniture is depreciated at 18% using the reducing balance method. Additional furniture was purchased on 31 January at a cost of $9000 and this has not been recorded. 7. The vehicle has a useful life of 280,000kms and estimated residual value of 9% on cost. A new vehicle was purchased on credit on 31 May 2019 at a cost of $16000 and has been recorded. All vehicles have a useful life of 5 years. All vehicles are to be depreciated at 12% on cost. 8. Commission owing at balance day is $850 Calculate the depreciation on Plant, (2 marks) b) Calculate the depreciation on Furniture. (3 marks) Calculate the depreciation on Vehicles marks) Foc