Sharma and company whose books are …
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Sharma and company whose books are closed on 31 dec 2008 purchased a machinary for 300000 on jan 1 2008 additional machinary was acquired for 100000 on 1 july 2008 was sold for 80000 on 30 june 2010 prepare machinary account and depreciation account for all the years up to the years ending 31 dec 2010 depreciation is charged 10 percent per annum on straight line method
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