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13. On 1st October 2017, Raju traders bought a Machine for 15,000. Additions made to the Machine on 1st April 2019 were 10,000. Depreciation is charged at 10% under reducing balance method. Prepare Machine a/c for three years assuming that accounts are closed on 31st March every year. (Ans: After three years the Machine A/c Balance is: 20,542) Journal entry |
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Answer» SEE the ATTACHMENT HOPE it HELPS |
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