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Chandra L.td purchased a second-hand machine …

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Chandra L.td purchased a second-hand machine for ₹8000 on 1st July, 2009. They spent ₹3500 on its overhaul and installation. Depreciation is written off 10% p.a. on the original cost. On 30th september, 2012, the machine was found to be unsuitable and sold for ₹6500. Prepare the Machinery A/c for four years assuming that account are closed on 31st March.

Posted by Sachin Singh 6 years, 3 months ago

CBSE > Class 11 > Accountancy

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