Q3 (a) The Statement of Financial Position of Sunflower Enterprise as at 30 June 2020 shows the following information: Vehicles at cost (-) Accumulated depreciation RM 618.500 324,260 294,240 The following transactions took place during the year ended 30 June 2021 This final assessment paper consists of 3 questions on 8 printed pages. 7 UBAF1043 BUSINESS ACCOUNTING Q3. (a) (Continued) (1) Purchases of vehicles (by cheque). 30 September 2020 Delivery van: RM86,000 31 October 2020 Sales manager's car: RM107.000 28 February 2021 Lorry:RM40.000 (2) Sales of vehicles: 31 October 2020 31 December 2020 31 March 2021 Car RM3,000, originally cost RM28.000 Tractor RM5,400, originally cost RM24,000 Van RM4.200 originally cost RM19,000 The car was briginally purchased on 1 July 2016, the tractor on 30 November 2017 and the van on 1 April 2018. The company's policy is to provide depreciation at a rate of 20% per annum on cost using yearly basis in the year of acquisition and none in the year of disposal REQUIRED: Prepare the following accounts for the year ended 30 June 20213 (i) Vehicles account. (4 marks) (11) Accumulated depreciation for vehicles account (7 marks)