A firm has purchased machinery worth ₹ 1, 00,000 on April 01’ 2014. Another
machinery was purchased on April 01’ 2015. Deprecation charged @10% p.a. Straight
Line Balance. On March 31 st 2017 the first machine becomes useless and was sold for ₹
15,000. Prepare machinery account for three years.
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since u have not stated the amount for 2nd machinery i have taken it as 100000..but it dosent matter u can adjust it according to the amount of ur own.
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