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S & Co. purchased a machine for Rs.1,00,000 on 1.1.2011. Another machine costing ` 1,50,000 was purchased on 1.7.2012. On 31.12.2013, the machine purchased on
S & Co. purchased a machine for Rs.1,00,000 on 1.1.2011. Another machine costing ` 1,50,000 was purchased on 1.7.2012. On 31.12.2013, the machine purchased on 1.1.2011 was sold for ` 50,000. The company provides depreciation at 15% on Straight Line Method. The company closes its accounts on 31st December every year Estimate Deprecation amount & Profit & Loss a/c & provision for Depreciation A/c
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John E Freunds Mathematical Statistics With Applications
Authors: Irwin Miller, Marylees Miller
8th Edition
978-0321807090, 032180709X, 978-0134995373
