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On 1st January 2003 Mr karim purchased for Rs. 17,000 and spent Rs. 3000 on itsinstallation. On 30th June 2006 the machinery was disposed of a sum of Rs12000 assuming the boos are closed on 31st December each year and adoptingthe date of Depreciation at 10% p.a. on the diminishing balance method show themachinery account for four year. |
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Answer» outgoing Explanation: |
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