Question

18) A firm purchased a machinery on 1" January, 2019 for Rs 55000 and spent Rs 3000 on its installation and R.
2000 on its carriage. On the date of purchase, its life was estimated to be 10 years and the scrap value of
machinery was estimate as Rs 10,000 at the end of tenth year. Prepare depreciation alc​

Answer 1

Answer:

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