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Pringle Manufacturers is a sole trader involved in the packaging industry. They own a number of different types of machines which they use in their

Pringle Manufacturers is a sole trader
involved in the packaging industry. They
own a number of different types of
machines which they use in their packaging
business. Pringle Manufacturers keep an
asset register with all the details of the
machines and other non-current assets.
A new machine with a cost price of R252
000 was purchased on 1 May 2024. The
financial year end is 31 December 2024.
Using this information, answer the
following questions:
Q.1.1 In which general ledger
account is the expense
relating to the current year's
loss in value of a non-
current asset recorded?
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