Accounts > 2014 > 12
WASSCE
| ₦ | |
| Cost of motor vehicle - 1/1/12 Residual value Estimated useful lifespan 10 years | 85,000 5,000 . |
The business makes use of the straight line method for providing depreciation.
The accumulated depreciation as at 31/12/2013 is
A.
₦18,500
B.
₦17,000
C.
₦16,000
D.
₦8,000
Answer: C
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