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Bina textile Ltd which depreciates its …

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Bina textile Ltd which depreciates its machinery at 20% p.a. on diminishing balance method purchase a machine for 600000 on 31st October 2015 it closed its books on 31st March every year on 1st January 2017 it purchase another machine for 150000 on 1st December 2017 one-third of the machinery purchase on 1st October 2015 was sold for 80000
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