(25 MARKS) QUESTION 1 Mega Trump Sdn. Bhd. on 31 The information below was extracted from the book of Mega Trump Sdn. B December 2017: Assets Plant & Machinery RM299,000 RM202,000 Office Equipment RM76,800 RM54,900 Cost Book Value The following transactions occurred during the year 2018: i Office equipment bought on 30 June 2016 at the cost of RM15,600, was sold at RM9,900. Sales transaction occurred on 2 February 2018. ii. A new labelling machine was bought on 14 March 2018 at RM23,000. Next, on 21 March 2018, an old labelling machine bought on 12 January 2015 at RM30,000 was exchanged with a printing machine at an agreed exchange value of RM25,600. The balance is cleared by cash. The price of the printing machine is RM26,000. It has been stated that plant and machinery will be depreciated at the rate of 18% annually using the reducing balance method and office equipment at 10% annually using the straight line method. Depreciation is calculated fully in the year of sales and no depreciation is calculated in the year of purchase. Required: Prepare the following accounts on 31 December 2018: a) Office Equipment account [CLO2:PLO2:C3](3 marks) b) Plant and Machinery account [CLO2:PLO2:C3](4 marks) c) Accumulated depreciation accounts Office Equipment [CLO2:PLO2:C3](6 marks) d) Accumulated depreciation account for Plant and Machinery [CLO2:PLO2:C3](6 marks) Disposal accounts [CLO2:PLO2:C3](6 marks) e)