Mash Traders purchased a Vehicle during the year 1 August 2013 at cost R450 000 at 15% depreciation on Book Value Method year ending 28 February 2014. Calculate the Depreciation on the Vehicle. Select one: a. R39 375 b. R262 500 c. R67 500 d. R101 250

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Mash Traders purchased a Vehicle during the year 1 August 2013 at cost R450 000 at 15% depreciation on Book Value Method year ending 28 February 2014. Calculate the Depreciation on the Vehicle.
Select one:
a. R39 375
b. R262 500
c. R67 500
d. R101 250
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