Poppy Traders owns the following assets on 31 December 2021:

1. Ford EcoSport CS 23 TM GP: Purchased on 30/6/2019 for R250 000.

2. Packaging machine: Purchased on 1/4/2020 for R300 000.

Poppy Traders writes off depreciation as follows:

Vehicles at 20% per annum using the diminishing balance method.

Machinery at 25% per annum using the straight-line method

Question 3.3:

Prepare the depreciation ledger account for the period 30 June 2019 to December 2021. Use the below template:

			Deprecation
Date	Details	Fol.	Amount		Date	Details	Fol.	Amount