Rubal Ltd. purchased a machine costing Rs. 3,00,000 on 1st April, 2000 and an additional machine on 1st Oct., 2000 costing Rs. 2,00,000 and on 1 July, 2001 costing Rs. 1,00,000.
On 1st Jan. 2002, one third of Machine purchased on 1st April, 2000 was sold at Rs. 30,000.
Prepare machine A/c for 3 years, it is given that depreciation is charged @ 10% p.a. on straight line method.
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