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20. Machine account shows balance of Rs.60,000 in the books of XYZ Ltd on 01/04/17. This machine waspurchased five years back. Till today, total depreciation written off on this machine was Rs.20,000.On 01/04/19 second machine was purchased for Rs. 12,000.Second machine was not found suitable and was sold at 10% loss of book value on 31/12/19. Every yearcompany provides depreciation at 5% under S.L.M.Prepare machine a/c and depreciation a/c in the books of the company up to 31/03/20.​

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the intellectual and practical activity ENCOMPASSING the systematic STUDY of the structure and behaviour of the physical and NATURAL WORLD through observation and EXPERIMENT.



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