4.2 The information below relates to equipment owned by Papa's Restaurant for the period 1 January 2019 to 31 December 2020: Balances on 1 January 2019: Equipment Accumulated depreciation on equipment R296 000 R72 000 On 31 March 2019 the business sold equipment for cash for R62 000. The cost price of the equipment was R136 000, the Accumulated depreciation of the equipment on 1 January 2019 was R20 000 Depreciation is provided for at 20% per annum on the diminishing balance method. REQUIRED: Draw up the following accounts in the general ledger of Papa's Restaurant and balance / close them off on 31 December 2020 Equipment at cost Accumulated Depreciation: Equipment Asset disposal Depreciation 0 Bank 25 Marks