27.2 A company starts in business on 1 January 20X3, the financial year end being 31 December. You are to show: (a) The machinery account. (b) The provision for depreciation account. (cThe balance sheet extracts for each of the years 20X3, 20X4, 20X5, 20X6. The machinery bought was: 20x3 1 January 1 machine costing 1,400 2 machines costing 600 each 1 October 1 machine costing 1,000 20X6 1 April 1 machine costing 400 Depreciation is over ten years, using the straight line method, machines being depreciated for the proportion of the year that they are owned. h 20X4 1 July