Life of Asset Given in Years
1. On ist April, 2016, a machine was purchased for 2 35,000. The estimated life of the machine
5 years after which its break up value will be 35.000 only. Prepare the machinery account
for the first three years, by straight line method assuming that the books are closed on 31st
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follow the same process to solve any kind of problem related to depreciation......
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