Blackboard-Expiration=16273656000008.X-Blackboard-Signature=HR4ABrikhaZmlku&nHIZmnp%2Fped%2B19kKjepo 2 / 5 100% + Question 1 (a) Bing Sdn Bhd has the following balances on its accounts in respect of machinery and its depreciation: 31 December 2017: Machinery RM21,000, Accumulated Depreciation of machinery RM5,250 The firm then makes the following purchases of machinery by cheque: 2018 Jan 1 2018 Jun 30 2019 Mar 31 2020 Sep 30 RM10,000 RM12,000 RM16,000 RM20,000 Machinery is depreciated using straight line at a rate of 25% on cost and is provided on a yearly basis. Required: ) Machinery account for the years ended 31 December 2018 to 2020. (8 marks) (11) Accumulated depreciation of machinery account for the years ended 31 December 2018 to 2020. (7 marks) ACC1112 (F) / Page 2 of 4 (b) Explain with example the following depreciation methods (i) (ii) Straight Line Method Reducing Balance Method (5 marks) (5 marks) (TOTAL = 25 marks)