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Vehicle, at cost R44 800 Machinery at cost R32 000 Accumulated depreciation on vehicle R6...

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Accounting

Vehicle, at cost R44 800

Machinery at cost R32 000

Accumulated depreciation on vehicle R6 720

Accumulated depreciation on machinery R3 200

All the non-current assets were purchased when Nirwana dealers started trading on 1 January 20.1. Depreciation is to be written off as follows:

Vehicle on cost, consistent with the policy in the past.

Machinery on the diminishing balance, consistent with the policy in the past.

Kindly assist calculating the depreciation for the above.

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