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  • 19-03-2024
  • Business
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Nthabi is the owner of Brown Dee Limited (BD). BD purchased a delivery vehicle on 1 March 2021 for an amount of R280 000. BD was entitled to a S11 (e) allowance of 20% p.a, on:
a) The opening balance
b) The closing balance
c) The accumulated depreciation
d) The net book value

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