‘A’ Company purchased machinery for Rs. 2,00,000/- on 1st April 2015. (6)
The machinery is depreciated @ 10% P.A. on cost, On 1st October, 2017,
the machinery was sold for Rs. 1,20,000/-. Draw the machinery A/c for three year’s.
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Explanation:
here is your answer there is loss of 30000 by sold of machine
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