A and B company purchased a machinery for 2000 on 1/7/13. On 1/10/13 it purchased other machine for 20000. On 30/6/14 it sold the machinery which was purchased on 1/7/13 for 25000 and purchased a machinery for 30000 on the same date. Prepare machinery account for 2 years assuming the account are closed on 31st March every year under straight line method after charging 10% depreciation.
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History is divided up into various periods. For instance, Chinese history is usually divided up into dynasties. European history is divided up into a number of different eras, some of which overlap with one another.
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