Question

m/s hot nd cold purchased machine on 1st July 1990 @800000.on 1st Jan 1992 another purchase of 600000.on 1994 purchased another machinery of 1500000 nd adopted a policy of charging depreciation @20% on diminishing balance ..on 1st July 1994 they changed the method of depreciation @15% under straight line method.the depreciation have been charged on time basis ..show machinery account for the year ended 30th June 1995​

Answer 1

Answer:

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