Question

0. Mahesh Grover purchased a machine with useful life 10 years for 1 86,000 and spent $300
on its installation on 1 April, 2015. Another machine was purchased on 1 July, 2016 for
250,000, on which 10% pa, deprecation will be charged on original cost. On 1st October
2017, another machine was purchased for ? 65,000. Life of this machine being 8 years and
ite residual value < 1.000.
Prepare Machinery Account for first four years, when books are closed on 31 March every
year.​

Answer 1

Answer:

35000

Explanation:

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