Rs. 20.000 were spent on its installation. The depreciation is written off at 10pas
Q. 21. A machine was purchased on 1st October 1998 at a cost of Rs. 3.00.000
1995 to 1997.
[Ans. Loss on sale of Machinery Rs. 1,30,000.)
the Diminishing Value Method. The books are closed on 31st March every year. The
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