Question 2 (a) A company, which end its accounts annually at 31 December, provides depreciation for its mac hinery at the rate of 10% per annum using the reducing balance method on a monthto-month basis. At 31 December 2022, there are three (3) machineries purchased by cheque as shown below: Required: i. Calculate the depreciation charges for each machine from 2020 to 31 December 2022. (6 marks) ii. Prepare the accumulated depreciation account for machines ONLY for the year 2022. (4 marks) iii. Explain FIVE (5) reasons why non-current assets is been depreciated. (5 marks) (b) Transactions for Borhan Enterprise for the month of December 2022 as follow; 2022 Dec 1 Started business with cash RM40,000 and furniture RM10,000. 7 Withdrew goods for personal use RM2,000. 17 Purchase goods on credit from Ramesh RM20,000 and from Kamal RM5,000. 24 Cash Sales RM7,800. Required: Journalize the above transactions. (10 marks) [Total: 25 marks]