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Show the machinery account for five year

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Problem 1: A company whose accounting year is calendar year Purchase 1st April 2005 machinery costing 50,000 on 1st July 2007 buy an additional machinery worth R.s 10,000 and spent 1000 on its erection. Assume normal depreciation is 10% p. a show the machinery account for five year under Fixed Instalment method.

Reference no: EM132597159

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Show the machinery account for five year : spent 1000 on its erection. Assume normal depreciation is 10% p. a show the machinery account for five year under Fixed Instalment method.
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