Sharma and company whose book are …
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Sharma and company whose book are closed on 31 december 2008 purchased a machinery for 300000 on Jan 1 2008 additional machinery was acquired for 100000 on 1st July 2008 certain machinery which was purchased for 100000 on July 1st 2008 was sold for 80000 on June 2010 prepare machinery account accumulated depreciation account and machinery disposal account for all the years up to the years ending 31st December 2010 depreciation is charged 10% per annum on straight line method
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