Homework Answers
ANSWER=R 264000
EXPLNATION
NET VECHILE COST ON 1 JULY 2018=300000-120000=180000
DEPRECIATION FOR THE THE YEAR 2018-19=(180000*20%)=36000
NET VECHILE COST ON 30 JUNE 2019=180000-36000=144000
NET EQUIPMENT COST ON 1 JULY 2018=200000-60000=140000
DEPRECIATION FOR THE YEAR 2018-19=200000*10%=20000
NET EQUIPMENT COST ON 30 JUNE 2019=140000-2000=120000
PPE VALUE AFTER TAKING DEPRECIATION INTO ACCOUNT=144000+120000=264000
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