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Notes to the financial statements for the financial year ended 28 February 20.21 Property, plant and equipment Buildings R Carrying amount: Beginning of year 357

Notes to the financial statements for the financial year ended 28 February 20.21

Property, plant and equipment

Buildings

R

Carrying amount:
Beginning of year 357 500
Cost 550 000
Accumulated depreciation (192 500)
Additions -
Depreciation for the year (27 500)
Disposals 0
Cost 0
Accumulated depreciation 0
Carrying amount:
End of the year ?
Cost ?
Accumulated depreciation ?

Equipment are depreciated at 5% per annum on the straight-line method.

What will the carrying amount for equipment be for Yo-Yola Traders for the year ended 28 February 20.21?

Instructions:

1. Use a full stop to indicate any decimals (eg: 1000.01)

2. Round off to the second decimal after the full stop (eg: 50.56)

3. Don't show the % sign only the numbers (eg: 70.01% is 70.01)

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