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On 1 January 2 0 1 6 MOOZ Traders purchased a delivery vehicle for R 1 0 0 0 0 0 . The financial year

On 1 January 2016 MOOZ Traders purchased a delivery vehicle for R100000. The financial year-end of MOOZ Traders is 31 December. MOOZ Traders are not registered as a VAT vendor.
Vehicles are depreciated at 10% per annum using the straight-line method.
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