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On 1st April 2014, Veeru Ltd. …

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On 1st April 2014, Veeru Ltd. Purchased a machinery for Rs. 2,50,000/- and spent Rs. 50,000/- on its installation. On 1st July, 2016, 1/3rd of machinery purchased on 1st April, 2014 was sold for Rs. 15,000/- and a new machinery at the cost of Rs. 2,00,000/- was purchased on the same date. The company has adopted the method of providing depreciation @15% p.a. on straight line method. Show the machinery account, provision for depreciation account and machinery disposal account for three years ended on 31st March, 2015 to 31st March 2017
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