an unsold machinery appearing in the book at Rs. 5000 is exchanged for a new Machinery for Rs.5000 The old machinery has been valued at Rs.800 for exchange purpose
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5000-(5000-800)
5000-4200
800
karnatijeevana2002:
give amount for loss on exchange a/c to old machine a/c
Rs 10,000 is the amount for loss on exchange a/c. And Rs 10,000 is the amount for loss on to old machine
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