Prepare all the journal entries to record the disposal of the vehicle on 31 March 2021. Journal narrations are required. Document numbers are not required. Question 3 Poppy Traders owns the following assets on 31 December 2021: 1 2. Ford EcoSport-CS 23 TM GP: Purchased on 30/6/2019 for R250 000. 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 CARRYING DEPRECIATION VALUE (Marks: 30) (15) Page 4 of 7