on 1st April 2016 a company purchased a machinery for rupees 180000 it spend rupees 20000 on its direction on 1st October 2017 it purchased second hand machinery for rupees 40000 on the same date the machinery purchased on 1st April 2016 was sold for rupees 120000 depreciation 10% written down method
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Answer: value of the machine-residual value÷no.of.years
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