shiv Shankar purchase a machine costing 80000 on 1 April 2014 prepare the machinery account for 4 year when depreciation is charged @ 10% p.a on original cost and the book are closed on 31 march every year
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i have done a rough calculation. make sure you understand and do it in accounting terms as journal and ledger.
P.S : it is just a calculation. not a journal or ledger.
Thank You...!!!!
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- sorry for any mistake
- may it help you
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