sharma and co, whose book are closed on 31st march purchased a machinery for rs. 450000 on 1st april 2016 on 1 jan 2017 the firm purchased another machine for rs. 300000 on 31 dec 2018 1/3rd part of the machine became useless and sold for rs. 25000 which was purchased on 1 april 2016 prepare machinery account upto year 31st march 2019 if depreciation is charged @ 10% p.a. by diminishing balance method
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