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403 () (On 1st April, 2017 M/sY purchased a machinery for 1,70,000 and incurred expenses on its installation 50,000. The estimated life of machine is
403 () (On 1st April, 2017 M/sY purchased a machinery for 1,70,000 and incurred expenses on its installation 50,000. The estimated life of machine is 6 years. The estimated scrap value at the end of life is 40,000. Prepare machinery and depreciation account for first three years charging depreciation on straight line method.) | - 30,000 ; 1 , 2020 1,30,000]
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