Question $1$

A retail store had the following transactions for its Motor Vehicle: $2019$

Jan $1$ Purchased Motor Vehicle costing $$20000$

Jun $30$ Purchased Motor Vehicle costing $$40000$

$2021$

Jan $5$ Purchased Motor Vehicle costing $$30000$

Dec $31$ Sold motor vehicle costing $$20000$ for $$6000$

NB$.$ A full year's depreciation is charged on all assets on the books at December $31$ each year. Depreciation is calculated at $15\%$ using the Straight Line method.

Required:

A$.$ Motor Vehicle Account for the $3$ years

B$.$ Accumulated Provision for Depreciation account

C$.$ Disposal Account

D$.$ Profit & Loss Accounts and Statement of Financial Position $($Balance Sheet$)$ Extracts