Balances at the end of the financial year: 28 February 2022. Vehicles R300 000 Accumulated depreciation R50 000. Adjustment: 10000. Depreciation for the current year for the disposed vehicle is: . R1 250 B. R2 000 C. R500 D. R2 500 For every debit entry there must be a credit entry. A. Principle of entity B. Principle of double entry C. Principle of historical cost D. Principle of materiality Petty cash R7 000, Bank overdraft R 5000 , Prepaid Expenses R 8000 . Total current liabilities in the Statement of Financial position will reflect R13 000. Select one: True False Balances at the end of the financial year: 28 February 2022. Vehicles R300 000 Accumulated depreciation R50 000. Adjustment: 10000. Depreciation for the current year for the disposed vehicle is: . R1 250 B. R2 000 C. R500 D. R2 500 For every debit entry there must be a credit entry. A. Principle of entity B. Principle of double entry C. Principle of historical cost D. Principle of materiality Petty cash R7 000, Bank overdraft R 5000 , Prepaid Expenses R 8000 . Total current liabilities in the Statement of Financial position will reflect R13 000. Select one: True False