8 On 1 September, 2015, Hijau Industries ordered a machinery, to be used in its production process. Hijau Industries paid RM10,000 as down payment on 15 September, 2015 and took delivery of the machinery on 30 September, 2015. The balance payment of RM50,000 will be paid in five equal instalments beginning 1 September, 2016. Required: (a) Determine the cost of the machinery. (b) Determine when Syarikat Hijau should recognize the machinery as its asset. (c) Prepare the journal entries for 2015 with regard to the purchase of the machinery by Syarikat Hijau