A-LevelAccountingAccounting for non-current assets9706/12 · May/June 2019 · Q41 Mark
The following information relates to the motor vehicles of a business. | | 1 January 2018 $ | 31 December 2018 $ | |:---|:---|:---| | net book value | 398 000 | 480 000 | During 2018 the following occurred. 1 Additional motor vehicles costing $195000 were purchased. 2 A motor vehicle (original cost $80000) was sold for $24000 at a profit of $2000. What was the depreciation charge for 2018?
A$87000
B$89.000
C$91000
D$113000
✓ Correct answer
C: $91000
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