Question

on july 1 2012 Arvind steels purchased secound hand machinery for 40000 and spent 10000 on its repairs and installation . On December 31, 2015 the machinery was sold for 30000 .Prepare machinery account , calculating depreciation @10% p.a. by orginal cost method . Account are closed on 31st march each year please give me ans​

Answer 1

Answer:

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Explanation:

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