Question

Q. 8. On 1st October, 2016, Raj & Co. purchased machinery worth 340,000. On ist October , 2018, it buys additional machinery worth 310,000. On 30th September, 2019, half of the machinery purchased on 1st Oct., 2016, is sold for 38,200. The writes off 10 per cent p.a. on the original cost. The accounts are closed every company tear on 31st March. ​

Answer 1

Explanation:

1 : the act or process of collecting the collection of data the collection of taxes. 2a : something collected especially : an accumulation of objects gathered for study, comparison, or exhibition or as a hobby a collection of poems a collection of photographs a baseball card collection.