Syarikat findWHERE reported in its financial statement as at 31 December, 2020 the below asset depreciation values.
|Asset||Cost (RM)||Accumulated Depreciation (RM)|
In order to expand its business operations, findWHERE bought the below assets in 2021.
|Asset||Cost (RM)||Mode||Date of purchase|
|New Computers||8,000||Cheque||15 April, 2021|
|Company Motorbike||20,000||Cheque||28 May, 2021|
|New Furniture Equipment||6,000||Cash||01 Jun, 2021|
findWHERE's policy on depreciation stated that full depreciation is calculated in the year of purchase by the end of the financial year. Straight line method is adopted and the depreciation rates are: Computers 20% a year, Vehicles 15% a year and Furniture 10% a year.
Show the following at 31st Dec 2021:
(a) The Computers account
(b) The Vehicle account
(c) The Furniture account
(d) The accumulated depreciation for Computers
(e) The accumulated depreciation for Vehicle
(f) The accumulated depreciation for Furniture
(g) Income Statement of findWHERE (as extracted)