Can you please write this in grade 3 english

When things get old, we call it 'depreciation'. At the end of the year, we need to clean up our money lists. We move the money from the 'Depreciation Account' to a special list called the 'Profit and Loss Account'.

5.1

This is a list that shows how much the Nissan car cost, how much it got older (depreciation), and how much it is worth now (book value).

5.2
Fixed Asset Register: Nissan Almera

This is a special list that keeps track of all the money our cars have gotten older by.

5.3
General Ledger of Mandla Mkhize
Balance Sheet Section
Accumulated Depreciation on Vehicles

To find out how much all our cars are worth now, we take how much they cost when new and subtract how much they got older.
All cars cost: R448 000.
All cars got older by: R82 600.
So, they are worth: $R448\,000 - R82\,600 = R365\,400$.

5.4
The cars are worth $\boxed{\text{R365 400}}$ now.

5.5.1
It's fair because people pay for how much they use the car. If you drive a lot, you pay more. If you drive a little, you pay less. This makes it fair for everyone.

5.5.2
Mandla can make sure people are honest by checking the odometer (the number that shows how far the car has driven). Or he can put a GPS tracker in the car, which is like a little helper that tells him where the car goes and how far.