Question

A company purchase a machine on 1st April, 2012 for ₹ 30,000 and immediately spent ₹ 4,000 on its repair and ₹ 1,000 on its installation. On Oct 1,2014, the machine was sold for ₹ 25,000 Prepare machine account after charging depreciation @ 10% p.a. by diminishing balance method

Answer 1

Explanation:

and hear depearation a/c