A traders purchase a mach.for rs …
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A traders purchase a mach.for rs 80000 on 1-4-15 and speant rs 10000 on installation dep.is 10% per annum by reducing balance method .a new mach.worth rs 40000 was purchased on 30-6-16 on 1-7-17 they sold the first mach.for loss of rs 3000 on its book value and purchased another mach.costing rs 50000 on the same date prepare mach.acc.for 3 years
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