John Frost started in business on 1 January 20*7. He purchased a delivery vehicle costing £28,000 on that day. He expects to keep the vehicle for four years and hopes to sell the vehicle then for £8,000. John will depreciate his vehicle using the straight line method.

Required

a) Prepare the delivery vehicles account.
b) Prepare the provision for depreciation of vehicles account for the years ended 31 December 20*7 and 31 December 20*8.