Part A The following is information extracted from the books of TRIO Trading Type of Cost of Accumulated as Method of Rate of Assets Assets at 31/12/2018 Depreciation Depreciation (RM) (RM) Furniture and 15,600 3.900 Straight line S% method Machinery 125.500 23,845 Declining 10% balance method Fittings Continued... INTRAR 4/7 BACHA LINEAMENTALS EINANCIAL ACCOUNTING MARCIL 2031 During the year 2019. Allen Trading purchased the following assets. Assets Date of purchase Cost (RM) Fumiture and Fittings 1 March 2019 12,500 Machinery 1 April 2019 42.200 Required: a) Calculate the depreciation expenses for each asset for the year 2019. (5 marks) b) Provide journal entries for each asset (4 marks) c) Prepare the Balance Sheet (extract) as at 31 December 2019 (6 marks) Part B Digital Creation is a digital publishing platform offering services by selling electronic books. Customers can choose to subscribe the electronic books for RM140 per year or RM250 for two years. During the year 2019, 640 subscriptions were sold, 410 for a year subscription and remaining for two years subscriptions All subscriptions were paid in cash. Assuming the subscriptions start on January 2019. Required: a) Determine the amount of cash collected by Digital Creation during the year. 3 marks) b) Determine the amount of revenue carned by Digital Creation during the year, (4 marks) c) Determine the amount of uneamed revenue on 31 December 2019, (3 marks) TOTAL 25 MARKS