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Bharat Industries bought a machinery on 1st April, 2014 for 80,000. On 1st2015 it bought another machine for 30,000.On 31st March, 2016, it sold the machine bought in 2014 for * 51,000 andArdi 1.000 as commission to broker who materialised the deal. It bought a newmachine on the same date for * 27,000. It was decided to provide depreciationmachinery @ 20% p.a. on straight line method. Accounts are closed on 31stDaember each year.Show Machinery A/c for 3 years. |
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Answer» Answer: the INDUSTRY BODE matching to FARMERS April for 2014 80000 on |
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