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Monica runs a design consultancy business from her home in Wales. She has a computer that she uses only for business with a value, for
Monica runs a design consultancy business from her home in Wales. She has a computer that she uses only for business with a value, for accounting purposes, of R7,500. In addition, she has other items of computer and office equipment with a value for accounting purposes of R2,000. At her year-end, 31 March, Monica is owed R3,000 by a client. Her business bank account has a balance of R3,500. In addition, she owes Inteligex R1,500. Monica has a subscription to a Monica runs a design consultancy business from her home in Wales. She has a computer that she uses only for business with a value, for accounting purposes, of R7,500. In addition, she has other items of computer and office equipment with a value for accounting purposes of R2,000. At her year-end, 31 March, Monica is owed R3,000 by a client. Her business bank account has a balance of R3,500. In addition, she owes Inteligex R1,500. Monica has a subscription to a
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