Can you solve this depreciation question …
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Can you solve this depreciation
question
ABC Ltd purchase machine on 1st August 2015 for amount 120000. On 1st October 2016 it purchase another machine for rate 40000 on 30 June 2017 it'sold the first machine 79000 and the same date purchased a new machine rate 100000. depreciation is provided fifty percent per annum and cost each year account are closed each year 31 March. Somachine account for 3 years from wdvm method
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