(a(i))[3]
Prepare the Plant and machinery at cost ledger account for the year ended 31 July 2017. Dates are not needed.
(a(ii))[3]
Prepare the Provision for depreciation on plant and machinery ledger account for the year ended 31 July 2017. Dates are not needed.
(b)[3]
Explain why a business may use reducing balance method of depreciation for plant and machinery.
(c)[4]
Explain two accounting treatments that may be applied to loose tools.
(d)[2]
Explain one fundamental accounting concept related to depreciation.