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raj vaid purchased the machinery on 1 april ,2015 for 65000. he engaged kabul to erect the unit , who charged 5000 and agreed to wait a month for his payment. the machinery was depreciated at 10% p.a. on the fixed installment method. on 1 October , 2017 a single unit which cost 10000 originally was sold for cash price of 10000. on the same date , a new machine costing 10000 was installed. write out the machinery account for years 2015 - 16 to 2017 - 18

Posted by Nishtha Matta 6 years, 4 months ago

CBSE > Class 11 > Accountancy

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