Open a 'T' shape account for machinery and put the following transacti – InterviewSolution

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Open a 'T' shape account for machinery and put the following transactions on the proper side: ₹ (i) Machinery purchased 40,000 (ii) Machinery sold 10,000 (iii) Machinery purchased 8,000 (iv) Machinery discarded 14,000 (v) Depreciation on machinery 1,000

Answer» Open a 'T' shape account for machinery and put the following transactions on the proper side:

		₹
(i)	Machinery purchased	40,000
(ii)	Machinery sold	10,000
(iii)	Machinery purchased	8,000
(iv)	Machinery discarded	14,000
(v)	Depreciation on machinery	1,000

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