QUESTION 6 The Sean Panl is a manufacturer of skin ointment. The firm tas...

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Accounting

QUESTION 6
The Sean Panl is a manufacturer of skin ointment. The firm tas provided the following data for
2020
It was noted that the motor vehicle is subjected to an animal depreciation of 5% per annum on
the straight-line hasis. The Motor vehicle is used 50% of the time in the factory.
How much is to be applied as depreciation charges for motor vehicle in the manufacturing
account for 2020?
$15,000
$120,000
$30,000
$90,000
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