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2) Rajeshwar spinning plant purchased machinery for Rs. 9,000 on 1 July 2015 and spent Rs. 1,000 on its repairs and installation. Depreciation was provided

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2) Rajeshwar spinning plant purchased machinery for Rs. 9,000 on 1 July 2015 and spent Rs. 1,000 on its repairs and installation. Depreciation was provided at 10% pa. on straight line method on 31" December every year. However in 2017 the company decided to change the method from straight line to diminishing balance method and new rate is 15% p.a. Give the machinery account for four years

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