Sam agency bought machine costing $150000 on 1st April 2016.He writes off depreciation @10% p.a on written down value method every year. his books are closed on 31st march every year. On 1st oct 2018 he disposed off machine for $90000. Give journal entries in the book of Sam agency till 31st March 2019 Date 1st April 2016 31st March 2017 1st April 2017 31st March 2018 1st April 2018 1st oct 2018 Particular Purchased Depreciation Bal Depreciation Bal Depreciation Sold Loss Machine 1 $ 1,20,000.00 $ 12,000.00 $ 1,08,000.00 $ 10,800.00 $ 97,200.00 $ 4,860.00 $ 92,340.00 $ 90,000.00 $ -2,340.00