On 1st October 2009 Raj & Co.purchased machinery worth ₹40 000.0 n 1 st October 2011 it buys additional machinery worth ₹10 000 .On 30 th September 2012 half of the machinery purchased on 1st Oct. 2009 is sold for ₹8 200 .The company writes off 10 per cent p.a.on the original cost.The accounts are closed every year on 31 st March. Show the Machinery Account for four years
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On 1st October 2009 Raj & Co. purchased machinery worth ₹40 000.0 n 1 st October 2011 it buys additional machinery worth ₹10 000 .On 30 th September 2012 half of the machinery purchased on 1st Oct. 2009 is sold for ₹8 200 .The company writes off 10 per cent p. a.on the original cost. The accounts are closed every year on 31 st March. Show the Machinery Account for four years.
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