Question

The Machinery Account in the books of Ramlal showed a debit balance of `15,000

on 1st April, 2018.

On 1st October, 2018, he purchased a machinery costing `10,000.

On 1st January, 2019 he sold out one old machine for ` 2,000 whose book - value

in the beginning of the year was ` 3,000. Machinery is to be depreciated at the

fixed rate of 10% on diminishing balance method. Show the machinery account

for the year ending 31st March,2019.​

Answer 1

$\huge\bold\pink{hello!!!}$

HERE IS UR ANSWER

_____________________

The Machinery Account in the books of Ramlal showed a debit balance of `15,000

answer》On 1st January, 2019 he sold out one old machine for ` 2,000 whose book - value