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A manufacturer purchased machinery for rs 50000.the estimated life of the machine was 10 years .At The beginning of the 4th year a new machine was purchased at a cost of rs 10000 and added to the list of machinery . You have been asked to write off 10 % depreciation under straight line method . You are required to show machinery account for the first 4 years

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9981962

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