A firm purchased on 1 Jan …

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A firm purchased on 1 Jan 2012 certain machinery for rupees 5,82000 and spend rupees 80000thousand on its erection on first July 2012 additional machinery costing rupees 200000 was purchased.On 1july 2014the machinery purchased on 1 January 2012 was auctioned for rupees 286000 and a fresh manchiery for rupees 400000 was purchased on same date . Depreciation was provided annually on 31 December at the rate of 10% on written down value method prepare manchiery account from 2012 to 2014.
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