QUESTION SIX (20 marks) The following information relates to Isaacjane Ventures: I. On 19 January, 2010, balances brought forward in respect of fixed assets were: GHC Plant and Machinery at cost 900,000.00 Motor Vehicles at cost 780,000.00 Provision for depreciation: Plant and Machinery 50,000.00 Motor Vehicles 30,000.00 II. During the six months period ending 30th June, 2010 the following additional fixed assets were acquired. i. On 31st March, 2010 two cargo trucks at GHC20,000.00 each and a plant for GHC50,000.00 ii. On 19 April, 2010 one saloon car at GHC25,000.00 and four machines at GHC10,000.00 each. III. On 30th June, 2010, two machines purchased on 19 January, 2010 at GH9,000.00 each were sold for GHC4,500.00 and GHC5,500.00. On the same date, one saloon car purchased on 19 July, 2007 for GHC15,000.00 was auctioned for GHC11,000.00 The enterprise depreciate motor vehicles and plant machinery at 10% and 5% per annum respectively on the basis of one month ownership, one month depreciation on the straight line method. You are required to write up the following accounts 30th June, 2010. () Plant and Machinery and Motor Vehicles (ii) Provision for Depreciation of Plant and Machinery and Motor Vehicles (iii) Disposal of Plant and Machinery and Motor Vehicles (Show workings)