Question

10. Mahesh Grover purchased a machine with useful life 10 years for 86,000 and spent 4,000
on its installation on 1st April, 2014. Another machine was purchased on 1 July, 2015 for
60.000. on which 10% p.a. depreciation will be charged on original cost. On 1st October,
2016, another machine was purchased for 65,000. Life of this machine being 8 years and
its residual value * 1,000.
Prepare Machinery Account for first four years, when books are closed on 31 March every
year.​

Answer 1

Explanation:

too long question for me to answer