Pass journal entries and prepare Machinery Account: 2019 March 1 Purchased machinery for cash 35,000. Installation charges paid 2,500. March 7 Purchased machinery on credit from Tahira 52,000. Installation charges paid by cheque 1,000. March 12 Machinery of the book vaiue of R 12,000 sold for 15,000 March 16 Machinery of the book value of R 20,000 sold forR 17,500. March 23 Machinery withdrawn for personal use 7,000. March 30 Depreciate machinery 4,000.
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47500
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see attached file
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please tell how to prepare journal please
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