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.

Required:

Q.3.1 Record the vehicle as it would appear in the asset register at 31 December 2021 using the template below:

ASSET REGISTER

VEHICLE: FORD ECOSPORT

DATE	COST	DEPRECIATION	ACCUMULATED DEPRECIATION	CARRYING VALUE

Q.3.2 Record the packaging machine as it would appear in the asset register at 31 December 2021 using the template below:

ASSET REGISTER

MACHINE: PACKAGING MACHINE

DATE	COST	DEPRECIATION	ACCUMULATED DEPRECIATION	CARRYING VALUE

Q.3.3 Prepare the depreciation ledger account for the period 30 June 2019 to December 2021.