Q. A firm purchased a machinery for Rs. 2,00,000 on 15 April, 2015. It


Q. A firm purchased a machinery for Rs. 2,00,000 on 15 April, 2015. It purchased another machinery on October 1, 2016 for Rs. 1,00,000. A third Machine was
purchased for Rs. 80,000 on July 1 2017 and on the same date first machine was sold for Rs. 1,37,500. Depreciation is charged @ 10%p.a. on 31″ March every year.Prepare Machinery Account upto 2017-18.​


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