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Motor vehicles purchased for RM500,000 at the start of the year have been incorrectly depreciated for the whole year using the straight line method at

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Motor vehicles purchased for RM500,000 at the start of the year have been incorrectly depreciated for the whole year using the straight line method at 10% instead of 15%. The balances at the ledger after the entries have been posted were as follows: Debit Motor vehicles at cost RM500,000 Credit Accumulated depreciation RM50,000 Which entries will correct this error? Select one: a. Debit Accumulated depreciation RM25,000; credit Depreciation expense RM25,000. o b. Debit Accumulated depreciation RM75,000; credit Depreciation expense RM75,000. c. Debit Depreciation expense RM25,000, credit Accumulated depreciation RM25,000. d. Debit Depreciation expense RM75,000; credit Accumulated depreciation RM75.000

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