b) Good News Company Limited acquired two motor vehicles on 15 January GH 120,000 each. On 1" July, the same year, a third motor vehicle was pur GHe 140,000. On 30th June, 2015 the third motor vehicle was disposed for Another motor vehicle was acquired on 30th September, 2015 for GH4180,000 to one that has been disposed-off. The company prepares accounts to 31 December each year and charges deprec vehicles at 25% per annum. Depreciation is charged using the straight-line met yearly basis. Full year depreciation is charged in the year of purchased and no is charged in the year of disposal. wired: Motor Vehicles Accounts (up to 31/12/2015) Provision for Depreciation (up to 31/12/2015) Disposal of Motor Vehicles Accounts. b) Good News Company Limited acquired two motor vehicles on 15 January GH 120,000 each. On 1" July, the same year, a third motor vehicle was pur GHe 140,000. On 30th June, 2015 the third motor vehicle was disposed for Another motor vehicle was acquired on 30th September, 2015 for GH4180,000 to one that has been disposed-off. The company prepares accounts to 31 December each year and charges deprec vehicles at 25% per annum. Depreciation is charged using the straight-line met yearly basis. Full year depreciation is charged in the year of purchased and no is charged in the year of disposal. wired: Motor Vehicles Accounts (up to 31/12/2015) Provision for Depreciation (up to 31/12/2015) Disposal of Motor Vehicles Accounts