Question: QUESTION 2 Create accounting equation based on the following information. (10 marks) QUESTION 3 a) Zan Enterprise purchased a motor vehicle to ease them in

QUESTION 2 Create accounting equation based on the following information. (10

QUESTION 2 Create accounting equation based on the following information. (10 marks) QUESTION 3 a) Zan Enterprise purchased a motor vehicle to ease them in delivering their products in 2021 with cost of RM 350000 . The asset is expected to have 7 years of useful life with RM 35 000 of residual value. Calculate the depreciation assuming the depreciation rate is 11%. (10 marks) b) Asset might depreciate over time due to many environmental and economic factors. Explain FOUR (4) reasons of this situation. (10 marks)

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