Question

Tlustration 3.
Ram Bros. purchased a machine on 1st October, 2016 at a cost of 1,50.000 and
10,000 on its installation. The realisable value or serap value at the end of its estimated
useful life of 10 years is estimated at 110,000. The books are closed on Sist Manch every
year. Show the Machinery Account and Depreciation Account for three years​

Answer 1

Answer:

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