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-On 1 April, 2012 Gupta Bros …

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-On 1 April, 2012 Gupta Bros purchased two machines for 1,50,000 each. Depreciation at the rate of 10% on original cost of machine was to be provided On 31" March, 2014, one machine was sold for 1,10,000 An improved model with a cost of 1,60,000 was purchased on the same day. You are required to show the Machinery Disposal Account for the year ended 31" March,

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CBSE > Class 11 > Accountancy

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