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 $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. April 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. 10 B. 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 No. 230 Post Date Explanation ref. Debit Credit Balance 2018 4/1 10/4 Account Accumulated depreciation - machinery Post Date Explanation ref. Debit Credit 2018 30/6 2019 20/6 Item Serial no. Purchased from Useful life Depreciation p.a. Date 4/1/18 30/6/18 30/6/19 Item Serial no. Purchased from Useful life Depreciation p.a. Date 10/4/18 30/6/18 30/6/19 Post Explanation ref. Post Explanation ref. Dr Dr Battle washer 17538X Brampton Ltd 5 years $7,200 Asset Cr Balance Property and plant Account no. General ledger Residual value Depreciation m Ba Property and plant Account no. General ledger Residual value Depreciation m Ba Dryer PY43121 Granada Ltd $5,000 Asset No. 231 Bal. operty and plant record Account no. General ledger account Residual value Depreciation method Bal. Dr Dr Accumulated depreciation Cr Accumulated depreciation Cr Bal. 230 231 Machinery $9,000 Straight-line Bal