Prepare the assets account, accumulated depreciation account and disposal account for the year ending 31 December 2013 and 2014 2. MACHINE COST ACCUMULATED DEPRECIATION RM 105000 RM 43400 RM 34600 RM 345000 RM 111100 OFFICE EQUIPMENT RM 99800 BUILDING 1 May 2013 23 Jul 2014 20 Aug 2014 A wireless based printer was purchased at the cost of RM8, 100. Bought an additional heavy duty multifunction printer at RM12.000 An old machine was sold at RM23,000 to Shiny Bhd. The machine was acquired on 1 November 2011 at the cost of RM 56.000. The depreciation rate is 15% for machine and office equipment using the straight lin method and 12% for building using the reducing balance method.