Morgan Ltd, which started operations on 1 October 2022, prepared the following account balances as at 30 June 2025.

Additional information 1. Morgan Ltd calculates depreciation to the nearest month and balances its accounts at month-end. Recorded amounts are rounded to the nearest dollar, and end of the reporting period is 30 June.
2. The company uses straight-line depreciation for all depreciable assets except vehicles, which are depreciated using the diminishing-balance method at a rate of 30% p.a.
3. The Vehicles account balance reflects the total paid for four identical delivery vehicles, each of which cost $40 000.
The following transactions occurred from 1 July 2025 onwards.

Required

(a) Prepare journal entries in general journal form to record the transactions.

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Machinery (at cost) Accumulated Depreciation-Machinery Vehicles (at cost; purchased 20 February 2023) Accumulated Depreciation - Vehicles Details of machines owned at 30 June 2025 were as follows. $ 310 000 170 500 160 000 59 200 Machine Purchase date Cost Useful life Residual value 1 2 October 2022 $ 80 000 4 years $ 8.000 2 27 December 2022 130 000 5 years 5 000 3 29 July 2023 100 000 4 years 4 000