PART A $[15$ marks$]$

Flag Ltd provided the following information at $1$ October $2022.$

During the year ended $30$ September $2023,$ the following transactions took place:

On $1$ January $2023,$ Flag Ltd purchased additional machinery costing $$240,000$ by cheque.

On $1$ February $2023,$ a new motor vehicle was bought for $$60,000.$ Flag Ltd part$-$exchanged

an old vehicle for an allowance of $$36,000$ and paid the remaining balance by cheque. The old

vehicle was originally purchased for $$56,000$ on $1$ December $2020.$

On $1$ August $2023,$ equipment which had cost $$48,000$ with an accumulated depreciation

of $$36,000$ was sold for $$8,000.$

The depreciation policies are as follows:

Machinery $,5\%$ per annum on cost

Vehicles $,20\%$ per annum using the reducing balance method

Equipment $,10\%$ per annum using the reducing balance method

A full year depreciation is charged in the year of purchase and none in the year of disposal.

REQUIRED:

Prepare the following for the year ended $30$ September $2023$:

a$)$ Provision for depreciation on machinery account

b$)$ Provision for depreciation on motor vehicles account.

c$)$ Provision for depreciation on equipment account.

d$)$ Disposal of motor vehicle account, clearly mentioning any profit or loss on disposal.

e$)$ Disposal of equipment account, clearly mentioning any profit or loss on disposal.