PT Happy purchase machinery equipment on March 1, 2016 with equipment price IDR 50,000,000 Delivery Fees IDR 1,000,000. Installation and warranty IDR 8,000,000 Notarial fees IDR 1,000,000 Insurance for 1 year IDR 10,000,000 . The company record this asset accquisition and decide to use straight line method with useful life 5 year and no residual value

On March 1 2017 PT happy management decide to change the method into double declining balance due to company internal policy to fixed asset

On June 30 2018 After assessment form actuarial appraisal. PT Happy have decided to change the useful life of the equipment to 4 years instead of 5 years

Instructions:

Prepare of journal entries and balance of depreciation expense and accumulated depreciation the year of 2016

Prepare of journal entries and balance of depreciation expense and accumulated depreciation the year of 2017

Prepare of journal entries and balance of depreciation expense and accumulated depreciation the year of 2018

* Please record the depreciation journal at the end of the year or at the date of accounting changes