In a business with a financial year ended 31 March, Equipment X is bought on credit from Cymot Pty Ltd for N$20 000 on 1 April 2014. Another Equipment Y is bought for N$50 000 cash on 31 January 2016. The equipment is to be depreciated at a rate of 20 percent using the diminishing balance method. You are to show the information above in the following accounts in the financial records for the financial year ended 2015, 2016 and 2017. i. Equipment

ii. Depreciation

iii. Accumulated Depreciation Equipment