aders owns the following assets on 31 December 2021: rd EcoSport- CS 23 TM GP: Purchased on 30/6/2019 for R250 000. ckaging machine: Purchased on 1/4/2020 for R300 000. aders writes off depreciation as follows: hicles at 20% per annum using the diminishing balance method. achinery at 25% per annum using the straight-line method.
aders owns the following assets on 31 December 2021: rd EcoSport- CS 23 TM GP: Purchased on 30/6/2019 for R250 000. ckaging machine: Purchased on 1/4/2020 for R300 000. aders writes off depreciation as follows: hicles at 20% per annum using the diminishing balance method. achinery at 25% per annum using the straight-line method.
Chapter1: Financial Statements And Business Decisions
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