VEHICLES
Isuzu 225 was bought on 1 March 2018 for R300 000, this van was sold for R220 000
cas...
Social Studies, 31.03.2021 20:10 rafa3997
VEHICLES
Isuzu 225 was bought on 1 March 2018 for R300 000, this van was sold for R220 000
cash on 1 September 2020.
Two Hino 365 vans were bought on 31 May 2020 for R 325 000 each, the funds were
transferred electronically to the motor dealer.
Depreciation is calculated on the carrying value at a rate of 20%p. a
Answers: 1
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