Question
Provide for depreciation as follows: On furniture and equipment: 16% per annum on cost. Note that a new equipment costing R22 500.00, was bought on
Provide for depreciation as follows:
On furniture and equipment: 16% per annum on cost. Note that a new equipment costing R22 500.00, was bought on July 1, 2016. This has been properly recorded.
On motor vehicles: 14% per annum on the reducing balance method.
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Law, Business And Society
Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker
12th Edition
1259721884, 978-1259721885
