Question Three (Any Two) a) A motor van was bought for 2,000,000 on 1 January 2017 and sold for N880,000 on 31n December 2019. If depreciation was charged at 20% using the straight line method on yearly basis. prepare the Motor van disposal account. b) The carrying value of Zen's property at the end of the year amounted to N108m. On this date the property was revalued and was deemed to have a fair value of N95m. The balance on the revaluation reserve relating to the original gain of the property was N1Om. What is the double entry to record the revaluation? c) IQ Limited, purchased a Lexus coolant at a cost of N1,200,000 on 1HJanuary2018.The generator was expected to have a useful life of 4 years with no scrap value. The company depreciates equipment on the straight-line basis with depreciation being charged for every month of use. On 31nt December 2020 , before charging the depreciation for the year, it was decided that the expected useful life be increased by 2 more years in view of the fact that the generator was in