Question

Life of Asset Given in Years
1. On 1st April, 2016, a machine was purchased for 35,000. The estimated life of the machine
is 5 years after which its break up value will be 5,000 only. Prepare the machinery account
for the first three years, by straight line method assuming that the books are closed on 31st
March​

Answer 1

Answer:

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Explanation:

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