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A company acquired a machine on …

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A company acquired a machine on October 1, 2012 at a cost 400000 and and spent 10000 on its installation.The company writes off depreciation @ 10% per annum on diminishing balance method.the books are closed on 31st march every year. pass journal entries and show the machinery account for 3 years.

Posted by Shiva Bhogta 8 years, 1 month ago

CBSE > Class 11 > Accountancy

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