Prepare machine account 1) purchase machine for 80000 . 2) sold machine for 20000. 3) more machine purchased 50000. 4) depreciation machine was sold for 5000
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To cash debited in machine A/c with amount of Rs. 80000
By cash credited in machine A/c with amount of Rs. 20000
Again to cash debited with Rs. 50000
Now again by cash credited with Rs. 5000
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