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Business, 18.02.2021 19:30 qwerty8364

01. In the books of Bulbul corporation, on 1-4-14, machine account shows balance of Rs 90.000. This machine was purchased 5 years back. Til this date total amount of depreciatiosn on this machine was Rs 30,000. On 1-1-16
second machine was purchased for Rs 18000. The second machine was not suitable and was sold on 31-12-16 profit
of 10% on book value. Company charges depreciation at 5% every year under straight line method. From the above
information prepare a machine account and depreciation account upto 31-3-17 in the books of company.​

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01. In the books of Bulbul corporation, on 1-4-14, machine account shows balance of Rs 90.000. This...

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