A company whose accounting year is the calendar year purchased machineries on Ist April, 2009
costing * 30,000.
It further purchased a machine costing 20,000 on Ist October, 2009 and another machine costing
10,000 on Ist July, 2010.
On 1 January, 2011 of the machineries which were purchased on Ist April, 2009, one machine
costing * 10,000 became obsolete and was sold for 3,000.
Show how the Machinery Account would appear for all the three years in the books of the
company after charging depreciation at 10% p.a. on Written Down Value Method.
[Ans. Balance of Machinery Account * 39,330, Loss on the Sale * 5,325). please please please please please please please please please please please please please please please please please please please please please please please please please please
help me . please
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