Question

Please solve QUES 1(vi part) veryyy urgent

Answer 1

Answer:

Machinery a/c. Dr. 50,000

To cash a/c. 50,000

then we sales old machinery it's value low

cash a/c. Dr. 5,000

To sales a/c. 5,0000

book value 7,500 so including discount

I hope it's right

Answer 2

Machinery a/c. Dr. 50,000

To cash a/c. 50,000

then we sales old machinery it's value low  

cash a/c. Dr. 5,000

To sales a/c. 5,0000

book value 7,500 so including discount