ross stores. balance on 30 JUne 2021. Vehicle R300 000. Accumulated depreciation R50 000. Adjustments:...
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ross stores. balance on 30 JUne 2021. Vehicle R300 000. Accumulated depreciation R50 000. Adjustments: Depreciation is calculated at 10% on cost. An old vehicle was disposed on 01 January 2022 for R20 000 cash. The disposed vehicle originally costed R25 000 and the accumulated depreciation is R3 000. Current year's depreciation for the disposed vehicle is: a. R500 b. R1250 c. R2 000 d. R2 500
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