LECTURE 10 - DEPRECIATION Exercise Stacy purchased 3 Motor Vehicles for her business at a total cost of GHC60,000 on 19 Jan 2000. On 15 July 2001, Stacy added a new BMW X5 which cost GHC100,000 to her fleet. The firm's policy is to write of all Vehicles over 5 years and donate it to charity thereafter With 31 December as year end show for 3 years i Motor Vehicles Account it. Accumulated Depreciation Account ii. Depreciation Account liring a) Straight line Method b) Reducing balance method (rate is 25%)