Q.1.2 For each of the statements below indicate if the statement is True or False. In your (5 answer booklet you need only write the number of the question and then indicate True or False. Note for any question where more than one answer is written no marks will be awarded: Question 2 (Marks: 4 The following are some of the balances in the books of Concorde Ltd on 30 June 2021: Additional information: - An office computer (equipment) was bought on 1 October 2021 for R20 000. - A vehicle with a carrying value of R60 000 and accumulated depreciation of R91 400 was sold on credit to G Gundolf for R55 000 on 1 July 2021. - Non-current assets are depreciated as follows: - Equipment: 33.33% per annum on cost. - Vehicles: 20% per annum according to the diminishing balance method. - Furniture: 15% per annum according to the diminishing balance method. Required: Q.2.1 Prepare the asset disposal account in the General ledger of Concorde Ltd to reflect (15) the sale of the vehicle on 1 July 2021 . Q.2.2 Prepare the note to the financial statements that shows the movements for (30) property, plant, and equipment for the year ended 30 June 2022. A Total column is not required. Round to the nearest Rand