On 1 January 2019 the carrying value of equipment was R19 720 (cost price, R25 670 and
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On 1 January 2019 the carrying value of equipment was R19 720 (cost price, R25 670 and accumulated depreciation, R5 950). On 1 January 2019 equipment costing R5 670 was purchased (not included in the R25 670). The depreciation policy is to provide for depreciation, on all equipment held at year-end, at 25% per annum on the diminishing-balance method.
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PROPERTY PLANT AND EQUIPMENT PPE 1 January 2019 Equipment Cost price R25670 Accumulated depreci... View the full answer
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