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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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
