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A Company purchased a machine for …

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A Company purchased a machine for ` 5,00,000 (including a boiler worth ` 1,00,000) The company provides depreciation @ 10% as per straight line method. After four years the boiler becomes useless and it was discarded for ` 20,000.Prepare machine A/c for four years.

Posted by Kaira Singh 3 years, 9 months ago

CBSE > Class 11 > Accountancy

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