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Hello, plz can any one say the Answers of this A company purchased a plant for Rs. 20,000 on Jan 1, 2010. The plant was subjected to depreciation @ 10% under straight line method. It was sold on December 31, 2011 for Rs 15,000 Additional plant was purchase on Jan 1, 2012 for Rs 10,000. Prepare Machinery A/C and Provision for Depreciation A/C.
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