Question

20. A second-hand machine was purchased on 1.1.2000 for Rs 30,000 and repairs charges
amounted to Rs 6,000 and it was installed at a cost of Rs 4,000. On 1st July 2001, another
machine was purchased for Rs 26,000. On 1.7.2002, the first machine was sold for Rs 30,000.
On the same day, one more machine was bought for Rs 25,000. On 31.12.2002, the machine
bought on 1.7.2001 was sold for Rs 23,000.
Accounts closed every year on 31st December. Depreciation is written off at 15% on
original cost per annum. Prepare the Machinery account for 3 years ending 31.12.2002.
Tri-1

Answer 1

Answer:

solve with your mind please try