Question 1 Allcan Trading has the following non-current assets at 31 December 2021. Assets Office equipment Office equipment Cost (RM) 240,000 360,000 Purchase Date Depreciation (per annum) 1 September 2020 30 April 2021 Reducing balance 10% Reducing balance 10% On 1 June 2021, the equipment which was purchased in the year 2020 was traded- with a new equipment costs RM180,000. Assuming financial year ends at 31 Decemb and the computation of depreciation is based on monthly basis. Required: Prepare the following accounts of the office equipment: a) Office equipment account. b) Depreciation account. c) Accumulated depreciation account. d) Disposal account. (2 marks (2 marks (6 marks (5 marks