A company purchased a machinery for Rs 100000 on 1 April 2017 .The company depreciation @ 10%/annum every year.prepare a machinery A/c for 3 years.
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Answer:
100000×10×3/100
3000000/100
=30000
SI =30000
A/C=P+SI
A/C=30000+100000
A/C=130000
Explanation:
- SI =PRT/100
- A/C=P+SI
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