Q.1 Ahmed \& Co. records the acquisition of Vehicles in the account titled as "Delivery Equipment". Following are details of Vehicles purchased. It was decided to depreciate Delivery equipment at 10% per annum on the Straight Line Method. REQUIRED: (a) Write up Delivery Equipment account, Depreciation Expense account and Allowance for Depreciation for year ended December 31, 2006, 2007 and 2008. Close and balance (as the case may be) the accounts at each year end. Show computations of each year depreciation charges. (b) Prepare balance sheet (partial) on December 31, 2008 showing the relevant accoun