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On 1 August 2 0 2 3 they purchased a Vehicle for R 5 0 0 0 0 0 cash from TJKTace. Motors, They also
On August they purchased a Vehicle for R cash from TJKTace. Motors,
They also purchased another Vehicle on November for R on credit from ACT Dealers.
An equipment that was bought on October for R on creditwas sold on Aprit for R cash.
The company policy requires the company to write off the depreciation of vehicles on p a using the straightline method and to depreciate equipment on pa using the diminishing balance method.
Required:
Calculate the depreciation on vehicles for the year ended une and
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