Question

6. On 1st April, 2017, Shivam Enterprise purchased a second-hand machinery for 52,000 and spent 72.000
on cartage, * 3,000 on unloading, * 2,000 on installation and 1,000 as brokerage of the middle man. It
was estimated that the machinery will have a scrap value of 6,000 at the end of its estimated useful life
of 10 years. On 31st December 2017, repairs and renewals * 2,500 were paid. On 1st October, 2019, this
machine was sold for 30,600 and an amount of * 600 was paid as commission to an agent. Calculate
the amount of annual depreciation and rate of depreciation. Also prepare the Machinery Account for first
3 years, if firm follows financial year for accounting.​

Answer 1

Answer:

idk take help from google