Question: pls solve In this activity, you will put your knowledge about the asset disposal to the test. Instructions Foster Incorporated, a registered VAT vendor, bought

pls solve pls solve In this activity, you will put your knowledge about the

In this activity, you will put your knowledge about the asset disposal to the test. Instructions Foster Incorporated, a registered VAT vendor, bought a delivery vehicle on the day they opened the doors of their business on 1 November 20.1. The purchase price of the vehicle was R205 200, including VAT. They decided that the accounting date would be 31 October annually. On 1 November 20.4 the vehicle was sold to Hanrod Traders for R102 600 cash (including VAT). Receipt no. RC374 was issued. The following represents a detailed statement of depreciation charges on the vehicle from the date of purchase until the date of sale

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