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On 1 april 2011 parvez purchased …

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On 1 april 2011 parvez purchased machinery for one lakh. On 30sept. 2013 one fourth of the machinery purchased 0n 1 4 2011 was sold for 14500. Depreciation was charged @10 % pa on reducing balance method. Prepare machinery account and provision for depreciation account for three year accounts were closed on 31 march every year

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CBSE > Class 11 > Accountancy

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