(a) A firm acquired two motor vehicles, details of which are as follows: Registration number WMT3146 WLA 7360 Date of purchase 31 May Year 2 1 February Year 3 Cost price RM120,000 RM180,000 The firm prepared accounts annually to 31 December and provided depreciation for motor vehicles on a reducing balance method at a rate of 20% per annum with full year depreciation Required: Show extracts of the following for years ended 31 December Year 4 and 31 December Year 5: (1) Income Statement (extract) (9 marks) (ii) The non-current assets section of the Balance Sheet (6 marks) (b) A business receives the June telephone account prepaid for RM7.900 during July 2020. During the period to July 2020 the business paid RM66,000 in respect of telephone of which RM720 represented telephone expense unpaid at 31 July 2021. The business also earns commission from the sales of one item. It received in the month to 31 July 2020 RM22,000; Its owing at 30 June 2020 RM1,000 and at 31 July 2020 RM1,640 Required: Show the relevant extracts of the following for the month of July 2020: (iii) Income Statement (extract) (4 marks) (iv) Balance Sheet (extract) (6 marks) (Total 25 marks)