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From the following transaction of a …

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From the following transaction of a concern ,prepare the machinery account for the year ended 31st March,2018 1st April,2017 : purchase a second -hand machinery for ₹ 40,000. 1st April,2017: spent ₹ 10,000 on repairs for making it serviceable. 30th September,2017: purchase additional new machinery for ₹ 20,000. 31st December,2017: repair and renewal of machinery ₹ 3000. 31st March,2018: depriciate the machinery at 10%p.a.
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