Question 2 Michel operates a perfume shop called "Miss Michel' which specialises in expensive perfumes for men and womem The information provided to her accountant for the year ended 30 June 2018 showed' Cash sales banked Amounts received from Debtors Expenses Bank charges and overdraft Interest Borrowing Expenses Delivery vehicle operating expenses Loan repayments (including $16,200 interest) Purchases of perfume New display cases (10 November 2017 effective "fe 9 years) New computer and software Pcmer and local government rates Provision for bad debts Shop Lease Telephone expenses Additional information vided was as follows 742,180 63,270 2,145 1,300 5,670 24,000 692,000 24,800 s,gg5 6,500 29,000 1,200 DEPRECIATION SCHEDULE FOR THE YEAR ENDED 30 JUNE 2017 Date cost OWDV Days Peptn cwov Fumiture & Fittin s Chair Di a Cases Computer E ui ment 18M Computers Software Motor Vehi T ota HiAce Price S 8 soo 18,000 30/06/17 '04/16 12 soo 4 coo 2,000 12 soo Rate 228% 13 800 800 701 320 1,20