A company bought a machinery for₹92000 on January 1, 2013 and spent ₹5000 on carriage and ₹3000 on installation, on July 1, 2014 it bought a second hand machinery for ₹50000 and spent ₹10000 on overhauling. On June 30, 2015 first machinery was sold at a loss ₹15000. The company decided to charge depreciation @10% p a. on reducing balance method. Prepare machinery account for 3 years.
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