Selected transactions of Coromandel Ltd are given below. The company uses straight-line depreciation and calculates depreciation expense to the nearest whole month. 2018 Jan. 4 April 10 Purchased from Brampton Ltd a bottle washer (Serial No. 17538X) for $44,000 cash (net of GST). The useful life of the machine is 5 years and its residual value is expected to be $8,000. Purchased from Granada Ltd a dryer (Serial No. PY43121) for $39,000 cash (net of GST). The machine has a useful life of 6 years and a residual value of $9,000. Open a machinery account (no. 230) and an accumulated depreciation - machinery account (no. 231), and prepare subsidiary property and plant records for the two assets. Post the journal entries to the general ledger accounts and to the subsidiary property and plant records. (Leave blank any answer fields that do not require an answer. Round answers to O decimal places, e.g. 5,275.) Account Machinery Date Explanation Post ref. 2018 Debit 4/1 10/4 Account Accumulated depreciation-machinery Date Explanation Post ref. Debit 2018 30/6 2019 20/6 Item Serial no. Purchased from Useful life Depreciation p.a. Post Credit No. 230 Balance No. 231 Credit Balance Property and plant record Bottle washer Account no. 17538X General ledger account Brampton Ltd 5 years Residual value $7,200 Depreciation method Asset Cr Date Explanation ref. Dr 4/1/18 30/6/18 30/6/19 Bal. Dr Accumulated depreciation Cr 4000 8000 Bal. 230 231 Machinery $8,000 Straight-line 4000 12000 Item Serial no. Purchased from Useful life Depreciation p.a. Post Property and plant record Dryer Account no. PY43121 General ledger account Granada Ltd 6 years Residual value $5,000 Depreciation method Asset Date Explanation ref. Dr Cr 10/4/18 30/6/18 30/6/19 Bal. Dr Accumulated depreciation Cr Bal. 230 231 Machinery $9,000 Straight-line