4. Purohit Brothers purchased some machines at a cost of Rs. 60,000 on 1-4-2013 and paid Rs. 20,000 for installation charges. On 30-9-'15, one fourth of the machines were sold at a profit of 10% on book value. Depreciation on machinery is provided on Straight Line Method at 10% p.a. Prepare Machinery Account for three years.
Share
Answer:
they are equally rich to buy machine