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On 1-1-2015 machinery was purchased for Rs. 3,00,000. Depreciation at of 10% has to be written off. Write up the machinery account for three years.

On 1-1-2015 machinery was purchased for Rs. 3,00,000. Depreciation at of 10% has to be written off. Write up the machinery account for three years. (i) Straight line method. (ii) Written down value method.

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