Ans. Loss 23. On 1st April, 2017 Shyam Sunder & Sons Drycleaners purchased a drycleaning machinery for 36,000 and spent 4,000 on its installation. On 1st Oct. in the same another machinery costing 20,000 was purchased. On 1st Oct. 2019 the machinery bought on 1st April, 2017 was sold off for 12,000 and on the same date a fresh machine was purchased for 64,000. Depreciation is provided annually on 31st March @ 10% p.a. on the written down value method (w.d.v.). Show the Machinery Account from 1st April, 2017 to 31st March, 2021. year on sale of machinery 18,780 and Balance of machinery 68,571