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Que 5. On April 1, 2006, a company purchases machinery worth 1,00,000 . On October 1, 2008, it purchased additional machinery worth 20,000 and spends
Que 5. On April 1, 2006, a company purchases machinery worth 1,00,000 . On October 1, 2008, it purchased additional machinery worth 20,000 and spends `2,000 on its erection. The accounts are closed each year on March 31. Assuming the annual depreciation to be 10%, show the Machinery Account for 5 years under the straight line method
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