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Mazaya Company has decided to sell one of its old machines on June 30, 2011. The machine was purchased for R.O.120,000 on January 1, 2007,

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Mazaya Company has decided to sell one of its old machines on June 30, 2011. The machine was purchased for R.O.120,000 on January 1, 2007, and was depreciated on a straight-line basis for 10 years with no residual value. If the machine was sold for R.0.33,000, what was the amount of the gain or loss recorded at the time of the sale? Select one: a. R.0.69.000. b.R.O.27,000 c. R.0.33.000 d.R.O.81,000 Mazaya Company started the year with total assets of R.0.78,000 and total liabilities of R.0.16,500. During the year. the business recorded R.0.57.600 in catering revenues and R.0.28,800 in expenses. Mazaya issued ordinary shares of R.O.11,700 and paid dividends of R.0.15.000 during the year. Equity changed by what amount from the beginning of the year to the end of the year? Select one: a. R.O.25.500 b.R.O.9.000 C.R.O.33,000 d. R.0.18,000

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