a [Ans. Balance of Machinery Account 24,64,176; Loss on Sale of Machinery210.3 20. Nirma Chemical Company purchased a machine for 2,00,000 which includes ab worth 20,000. Depreciation is provided by the company @ 10% p.a. on diminis balance method. At the end of fifth year, due to damage to the major part of the boiler, i sold for 4,000. Prepare Machine Account for five years.
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