Question 1 Allcan Trading has the following non-current assets at 31 December 2021. Assets Cost (RM) Purchase Date Depreciation (per annum) Office equipment Office equipment 240,000 360,000 1 September 2020 Reducing balance 10% 30 April 2021 Reducing balance 10% On 1 June 2021, the equipment which was purchased in the year 2020 was traded-in with a new equipment costs RM180,000. Assuming financial year ends at 31 December 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)