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b) 13 Marks Question 4 James Trading acquired a Motor vehicle on 01 September 2009 at N$ 258 800, This asset is depreciated at 10

b) 13 Marks Question 4 James Trading acquired a Motor vehicle on 01 September 2009 at N$ 258 800, This asset is depreciated at 10 % per annum using straight line method, residual value is equal NS 5 000. James Trading financial year ends on 30 November. Required: Depreciate the asset from acquisition date till 2019 financial year. Show each year depreciation and accumulated depreciation

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