Question

Machinery Account in the books of a concern was shown as followed
Balance as at 1-1-2020:7,450
Purchase of machinery on 1-7-2020 : 2,200
Sale of Machinery on 1-10-2020: 1,000
Original
cost of machinery sold was 3,000 on 1-7-2017.
Machinery is being depreciated at 10% p.a. on diminishing balance of the asset.
Show the machinery account in the books of the concern for the year, 2020. The books are dosed on a
31st December, each year.
​

Answer 1

Answer:

ogifjfdjdjdjkffjfjfjjddddrrrrrrjjf