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Oasis Limited purchased a bottling plant on January 2, 2016 consisting of an engine, conveyor belt, and outer structure. The costs of the components totaled R4,300,000. Additional costs of R1,093,000 were incurred for delivery, training, testing, and a launch party. The plant was available for use on February 1, 2016 and production began on April 1, 2016. The company uses straight-line depreciation and the plant was idle in December 2016 for the annual holiday.

Author

Ndivho Mavhetha

Language

EN