QUESTION 3 A company maintains its fixed assets at cost. Provision for depreciation accounts for each are kept. As at 31 Dec 2019 the position was as follows:- Machinery - at cost Provision for depreciation - Machinery RM94,500 RM28,350 A machine bought in 2015 for RM16,000 was sold for RM3,700 during the year. The rate of depreciation is 20%, straight line method, using yearly basis. You are required toshow for the year ended 31Dec 2019:- a) Asset Accounts b) Depreciation Accounts c) Accumulated Provision for Depreciation Accounts d) Asset Disposal Account 15m