QUESTION Jacob Transporters Ltd. was established on 1 July 2017 and on this day, they bought the following vehicles from Big Truck (Pty) Ltd: Mini bus Heavy duty truck Bakkie R 375 000 R1 789 000 R 250 000 On 30 June 2018 the recoverable amount of the mini bus, truck and bakkie was 100% of the carrying value of each vehicle. On 30 June 2019 the recoverable amount of the mini bus, truck and bakkie was 95% of the carrying value of each vehicle. On 31 December 2019 Jacob Transporters Ltd sold the bakkie they bought on 1 July 2017 to Mr. Jabulani for R153 000. On 30 June 2020 the recoverable amount of the mini bus and truck was R235 000 and R923 000 respectively. On 1 October 2020 Jacob Transporters Ltd bought a new bakkie on credit for R375 000. The company depreciates its vehicles on the reducing balance method at the following rates: Mini bus 15% per annum . Heavy duty truck 20% per annum Cars & bakkies 10% per annum REQUIRED: 1. Prepare the following general ledger accounts in the books of Jacob Transporters Ltd for the year(s) ending 30 June 2018, 2019, 2020 and 2021: a. Vehicles cost b. Accumulated depreciation Vehicles c. Accumulated impairment Vehicles d. Asset Disposal 2. Prepare the property, plant and equipment note for Jacob Transporters Ltd for the year ended 30 June 2021. Round to two decimal places where necessary. Show all calculations for marks.