Question: c ) R 8 0 0 0 0 0 d ) R 7 5 0 0 0 0 Winelands Traders purchased equipment on 0 1

c)R800000
d)R750000
Winelands Traders purchased equipment on 01 January 2020 for R80000, a residual value of R5
12.(1.0 points)000, and a useful life of 5 years on the straight-line method. At the beginning of the current year, the equipment had accumulated depreciation of R30000. The carrying amount of the equipment at the end of the current year will be?
a) R32000
b) R35000
c) R33333
d)R30000
(1.0 points)
Winelands Traders purchased equipment on 01 January 2020 for R80000, a residual value of R5000, and a useful life of 5 years on the straight-line method. At the beginning of the current year, the equipment had accumulated depreciation of R30000. The carrying amount of the equipment at the end of the current year will be?
a) R32000
b) R35000
c) R33333
d)R30000
c ) R 8 0 0 0 0 0 d ) R 7 5 0 0 0 0 Winelands

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!