A company purchased on 1st April, 2016 machinery costing Rs, 30,000. it further purchased machinery on 1st October, 2016 costing Rs, 20,000. On 1st Jan, 2018 one third of the machinery installed on 1st April, 2016 became obsolete and was sold for Rs. 3,000. Prepare Machinery Account for three years if depreciation is charged at 10% pa. by Straight Line value method on 31 March every year.
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