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VS Company Limited acquired two motor ws January 00 each. On 1st July, of the same year, a third motor vehicle was purc 000.

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VS Company Limited acquired two motor ws January 00 each. On 1st July, of the same year, a third motor vehicle was purc 000. On 30th June, 2020. The third motor vehicle was disposed of for Ghe motor vehicle was acquired on 30th September, 2020 for Gh360,000 That has been disposed of. pany prepares accounts to 31 December each year and charges depreciati at 25% per annum. Depreciation is charged using the straight-line method asis. Full-year depreciation is charged in the year of purchase and no

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