Question

2. Messors Mehra & Sons purchased a machinery for 20,000 and spent 20,000 on its instanu u
2013 Firm charges depreciation on original cost @ 10%
Prepare Machinery Account for first three years. Accounts are closed on 31st March every year.
(Ans. Balance in Machinery Account 1,50,000.)

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Answer 1

Answer:

Question Is Wrong Bro. The Totally Machinery Cost Is 40000 & How The Balance Of Machinery Account Is 150000.