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3 A company incurred the following expenditures on a motor van. year 1 year 2 year 2 purchase of motor van purchase of new tyres
3 A company incurred the following expenditures on a motor van. year 1 year 2 year 2 purchase of motor van purchase of new tyres purchase of trailer attached to the motor van 80 000 2000 10000 Depreciation to all vehicles is 20% on cost. A full year's depreciation is charged in the year of purchase. What was the depreciation charge on vehicles for year 2? A $16000 B $16400 C $18000 D $18400 4 Which items will be debited to accounts in the purchases ledger? 1 discount allowed 2 payments to suppliers 3 purchases 4 purchases returns A 1 and 2 B1 and 4 c 2 and 3 D 2 and 4
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