1. A farmer buys a combine harvester at a cost of R1,3 million. The depreciation on the harvester is calculated at 12% p.a on a reducing balance. Calculate the book value of the harvester at the end of eight years.
    15 May 2018 12:29
  2. On the 2nd of January 2015 a company bought a new printer for R150 000.The value of the printer decreases 20% annually on the reducing-balance method.When the book value of the printer is R49 152, the company will replace the printer.
    08 May 2018 10:46