Accruals and prepayments: Prepayments Accruals Distribution costs 4,000 6,000 20,000 Administrative expenses 15,000 4. Depreciation should be provided as follows: Premises Nil Fixtures and Fittings 15 percent per year on the reducing balance Motor Vehicles 5 percent per year on cost Depreciation is to be divided equally between distribution cost and administrative expenses What is the figure should be placed for Selling and Distribution costs on the profit or loss Statement for IFJA Ltd Accruals and prepayments: Prepayments Accruals Distribution costs 4,000 6,000 20,000 Administrative expenses 15,000 4. Depreciation should be provided as follows: Premises Nil Fixtures and Fittings 15 percent per year on the reducing balance Motor Vehicles 5 percent per year on cost Depreciation is to be divided equally between distribution cost and administrative expenses What is the figure should be placed for Selling and Distribution costs on the profit or loss Statement for IFJA Ltd