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Use the information to answer the question given....


Use the information to answer the question given.

Cost of motor vehicle - 1\1\1285,000Residual value5,000Estimated useful lifespan 10 years.


The business make use of the straight line method for providing depreciation, the accumulated depreciation as at 31/12/2013 is

A.

₦18,500

B.

₦17,000

C.

₦16,000

D.

₦8,000

Correct answer is C

No explanation has been provided for this answer.