Use the information to answer the question given.
(begin{array}{c|c} text{Cost of motor vehicle – 1112} & ₦ 85,000\ text{Residual value} & ₦5,000 \ text{Estimated useful lifespan 10 years} & end{array}).
The business make use of the straight line method for providing depreciation, the accumulated depreciation as at 31/12/2013 is
(begin{array}{c|c} text{Cost of motor vehicle – 1112} & ₦ 85,000\ text{Residual value} & ₦5,000 \ text{Estimated useful lifespan 10 years} & end{array}).
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