Example 2 Trial Balance as at 1 Jan 2019 DR CR Equipment 89,000 Accumulated depr Equipment 26,900 Equipment is depreciated at 10 % on cost. An old equipment was sold off on 1 August for RM 5,000 which cost RM 13,000 and had an accumulated depreciation of RM 10,000. Journal entry for disposal and at 31 Dec Prepare the IS and BS extract at 31 Dec 2019