On 1-4-1989, Machinery was purchased for Rs. 80,000. On 1-4-1990 additiona were made to the tune of Rs. 40,000. On 31-3-1991 a machinery purchased on
1-4-1989 costing Rs. 12,000 was sold for Rs. 11,000 and on 30-6-1991 a machinery purchased on 1-4-1990 costing Rs. 32,000 was sold for Rs. 26,000. On 1-10-1991 additions were to
the tune of Rs. 20,000. Depreciation was charged at 10% per annum under the diminishing balance method. Show the Machinery Account for the year ended 31st March 1990, 1991 and 1992.
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On 31-3-1991 a machinery purchased on 1-4-1989 costing Rs. 12,000 was sold for Rs. 11,000 and on 30-6-1991 a machinery ... On 1-10-1991 additions were to
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