Question

Open a T shape account for machinery and put the following transactions on the proper side:-
₹ (1) Machinery purchased 40,000
(ii) Machinery sold 10,000
(iii) Machinery purchased 8,000
(iv) Machinery discarded 14,000
(v)Depreciation on machinery 1,000
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Answer 1

Answer:

refer the pdf

Explanation:

342e4242dfcc10b544d7792724b49fe1.pdf