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a) A company maintains its fixed assets at cost. Accumulated depreciation accounts, one for each types of asset, are in use. Motor vehicles are to be depreciated at the rate of 20% per annum using straight-line method while the office equipments at the rate of 15% per annum using reducing balance method. Depreciation is to be calculated on assets in existence at the end of each year, giving a full year's depreciation even though the asset was brought part of the way through the year. The following transactions in assets took place in the fixed assets accounts: 2019 2020 1 January 1 August 1 June December Bought motor vehicles RM80,500 and office equipments RM14,700. Bought office equipments RM6,400. Bought used van worth RM50,000. Bought office equipments costs of RM3,500. The financial year end of the business is 31 December. Required: i. Show the accounts (5 marks) ii. Prepare a section) (5 marks) fixed asset accounts and accumulated depreciation for motor vehicles and office equipments. Statement of Financial Position (showing fixed assets 31 December 2019 and 2020. at as