Question

educators used following years ends on 31 Dec . On 1 Jan 2011 the motor vehicle were bought on credit from Jay motors at 20000 each.On1 April 2012 a motor vehicle was bought for 15000 cash.On 2013 one of motor vehicle bought on 1 Jan 2011 was sold for 12 000 cheque on 30 June. On 1 July the same year the motor vehicle was bought by cheque in 25 000 to replace the sold one . depreciation is at rate of 20 percentage per annum and it charged for every month of ownership. using reducing balance method, prepare motor vehicle a/c, provision for depreciation a/c and motor vehicle disposal a/c for 2011 ,2012 ,2013​

Answer 1

Answer:

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Explanation:

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