QUESTION $3$

On $31$ December $2015,$ the extract of the Financial Position of SunZai Trading showed the following information:

$\backslash$table$[[$Assets$,\backslash$table$[[$Cost$],[($RM$)]],\backslash$table$[[$Accumulated$],[$Depreciation$],[($RM$)]],\backslash$table$[[$Book Value$],[($RM$)]]],[$Plant & Machinery,$70,000,14,000,56,000],[$Furniture & Fittings,$80,000,12,000,68,000],[$Motor Vehicles,$150,000,60,000,90,000]]$

During the year ending $31$ December $2016$ and $31$ December $2017,$ SunZai Trading bought the following assets and paid by cheque.

$\backslash$table$[[$Types of Assets,$\backslash$table$[[$Amount$],[($RM$)]],$Date of Purchase$],[$Motor vehicles,$45,780,31$ January $2015],[$Plant & machinery,$29,000,1$ February $2015],[$Motor vehicles,$36,000,30$ May $2016],[$Furniture & Fittings,$45,000,5$ April $2016],[$Plant & Machinery,$40,000,2$ April $2017]]$

Depreciation for Motor Vehicles is at $20\%$ per annum on book value. The Furniture & Fittings and Plant & Machinery are depreciated at the rate of $10\%$ and $15\%$ per annum respectively on cost$.$ Pro$-$rate the calculation of depreciation amount.

Required:

Prepare the following for the year ended $31$ December $2016$ and $2017$

a$)$ All non$-$current assets accounts

b$)$ Provision for depreciation account for Plant & Machinery, Furniture & Fittings and Motor Vehicles respectively

c$)$ Extract of Profit and Loss and Financial Position as $31$ December $2016$ and $2017$