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The following are some of the balances in the books of Concorde Ltd on 30 June 2021 : Additional information: - An office computer (equipment)

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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 the sale of the vehicle on 1 July 2021 . Q.2.2 Prepare the note to the financial statements that shows the movements for property, plant, and equipment for the year ended 30 June 2022. A Total column is not required. Round to the nearest Rand

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