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		Purchased from Brampton Ltd a bottle washer (Serial No. 17538X) for $ 38,000 cash (net of GST). The useful life of the machine is 5 years and its residual value is expected to be $ 7,000.
April 10		Purchased from Granada Ltd a dryer (Serial No. PY43121) for $ 34,000 cash (net of GST). The machine has a useful life of 6 years and a residual value of $ 8,000.

A.

Prepare journal entries to record the purchase of the assets and to record depreciation expense on 30 June 2018 and 2019, the end of the company's reporting periods. (Enter all debit entries first, followed by all credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date	Particulars	Debit	Credit
2018
4-Jan	Machinery	$
	GST Receivable	$ -
	Cash		$
10-Apr	Machinery	$
	GST Receivable	$ -
	Cash		$
30-Jun	Depreciation	$
	Accumulated Depreciation		$
	[(48000-9000)/5*178/365 + (43000-10000)/6*81/365]
2019
30-Jun	Depreciation	$
	Accumulated Depreciation		$
	[(48000-9000)/5+ (43000-10000)/6]

Account: Machinery	No.230
Date	Explanation	Post. Ref	Debit	Credit	Balance
2018
4-Jan	Purchase of Bottle Washer		$		$
10-Apr	Purchase of Dryer		$		$
Account: Accumulated Depreciation	No.231
Date	Explanation	Post. Ref	Debit	Credit	Balance
2018
30-Jun	Depreciation on Bottle Washer & Dryer		$		$
2019
30-Jun	Depreciation on Bottle Washer & Dryer		$		$

Property and Plant Record
Item	Bottle washer	Account No	230;231
Serial No.	17538X	General Ledger Account	Machinery
Purchased From	Brampton Ltd
Useful Life		Residual value	$
Depreciation p.a		Depreciation Method	Straight Line
			Asset	Accumulated Depreciation
Date	Explanation	Post Ref	Dr	Cr	Bal	Dr	Cr	Bal
4/1/2018	Purchase		$		$
30/6/18	Depreciation				$		$	$
30/6/19	Depreciation				$		$	$
Property and Plant Record
Item	Dryer	Account No	230;231
Serial No.	PY43121	General Ledger Account	Machinery
Purchased From	Granada Ltd
Useful Life		Residual value
Depreciation p.a		Depreciation Method	Straight Line
			Asset	Accumulated Depreciation
Date	Explanation	Post Ref	Dr	Cr	Bal	Dr	Cr	Bal
10/4/2018	Purchase		$		$
30/6/18	Depreciation				$		$	$
30/6/19								$