Sunny Ltd., purchased a machinery for ₹ 1,00,000 on 1st July 2016 and depreciated at 10% p.a on Reducing Balance method. On 1st October, 2018 a part of the machinery valued ₹ 16,000 on 1st July, 2016 was sold for ₹ 10,000. Show the Machinery Account in the books of the company for the year ended 31st March,
2017, 2018 and 2019.
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Accounting or Accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. (✿)(✿)
Organizations in this sector: Institute of Chartered Accountants in England and Wales
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