Question

A film purchased machinery costing * 2,00,000, which included a boiler costing ? 20,000,
Depreciation has been written-off the machinery on reducing balance method for the last 4
years @ 10%. During the current year (fifth) year, the boiler sold at * 4,000. Write-up
machinery account for five years.
(Ans. Balance 1,06,288, Loss 9,122, Total of Machine A/c of Fifth Year 1,31,220.]​

Answer 1

Answer:

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