Accountancy, asked by panwarhimanship3ru88, 1 year ago

Ultra ltd purachased a machinery on 1st july 2015, for 20,000 . On 31st oct 2016 it sells 1/4th of the above machinery for 3,950 the company charges depriciation @10%p.a on straight line method . The company closes its books on 31st march every year prepare machinery account for two years.

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Answered by djc4103

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