[moyabo]

On 1 January 2005 a manufacturer buys a manufacturing plant for R20 000 cash.
On 01 July 2006,he buys an additional plant for R4000 cash
On 31 December 2006,he sells a plant that he bought on 01 January 2005 for R3000 for R1600 cash.
On 1 April 2007,he buys a plant for R2800 cash.
On 1 October 2008,sells a plants that he bought on 1 July 2006 for R1200 for R700 cash.
He depreciates his plant on the straight-line basis on 31 December each year at the rate of 20% of the original cost.how to calculate depreciation provision and asset disposal accounts for years 2005 and 2009.

[pready]

What is your question? First thing you have to do is calculate your depreciation, then you have to do your journal entries for the sale of your assets.