Rewrite the asset register as drafted below thereafter calculate and fill in all the missing figures.

The depreciation method:Straight l..e@20%.

Date of purchase:31 Oct 2014.

Part B:

Prepare the statement of profit or loss and other comprehensive income for the year ending 31 December 2019.

-Prepare the statement of financial position for the year ending 31 December 2019.

Prepare the following general ledger accounts balance and close off properly at the end of 31 December 2019:

-Vehicle account

-Accumulated depreciation account

-Depreciation account

-Asset disposal account

[Please refer to the following attachments to answer the above questions.]

Note:Part A and B are interelated.

Asset register is part A