Acompany purchased a machine for 20,000 on 1st October, 2017 and on 1st April, 2012 another machine
was purchased for 7 12,000. On 1st July, 2013 the first machine purchased on 1st October, 2011 for 20,000
was sold for 16.500 and a new machine was purchased on the same day for 10.000. On 31st March, 2013
the second machine which was purchased on 1st April, 2012 for 12,000 was sold for 7 8 900. Prepare
Machinery Account for 4 years, providing depreciation by Diminishing Balance Method at 10% per annum
The accounting year of the company ends on Financial Year
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The water cycle shows the continuous movement of water within the Earth and atmosphere. ... Liquid water evaporates into water vapor, condenses to form clouds, and precipitates back to earth in the form of rain and snow. Water in different phases moves through the atmosphere (transportation).
Explanation:
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