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Firm on 1 January 2015 purchased an old machinefor 10,000 and incurred 4000 on its renewal on 1 July 2016 , the firm purchased one more new machine for 20000 .on 30 september 2017 the machine purchasedOn 1st July 2016 was sold for15ooo and on 1st October2017 a new machine was purchased for 20000. The firmprovides depreciation every year on 31 March @ 10% p.a. ondimintaining balance method. Show MachineryAccount upto 31st March 2018 |
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Answer» your ANSWER in this Q there is LOSS of 2575 of SALE of MACHINE |
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