EXAMPLE 2 Trial balance as at 1 Jan 2019 DR CR Equipment 210,000 Furniture 110,000 Accumulated dep at 1/1/2019 Equipment 78,500 Furniture 33,000 On 1 July 2019, a new equipment was purchased which cost RM 28,000. This has not been included in the accounts. Depreciation charge - Equipment is at 10 % p.a on cost and Furniture is at 20% p.a on book value. Journal entries for 2019 Show tha's and BS extract at 31 Dec 2019 23