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5. On 1st January, 2016, A Ltd. Purchase a machine for Rs. 2,40,000 and spent Rs. 10,000 or its erection. On 1st July, 2016 an
5. On 1st January, 2016, A Ltd. Purchase a machine for Rs. 2,40,000 and spent Rs. 10,000 or its erection. On 1st July, 2016 an additiona machinery costing Rs. 1,00,000 was purchased. Or 1st July, 2018 the machine purchased on 1s January, 2016 was sold for Rs. 1,43,000 and on th same date, a new machine was purchased at a cos of Rs. 2,00,000. Show the Machinery Account for the first thre calendar years after charging depreciation at 5% b the Straight Line Method
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