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The Machinery account of a business for the year 2019 is shown as below: Date Particulars Debit Date Particulars Credit 1-1- Balance 10,0008-12-Depreciation 3,500 2019
The Machinery account of a business for the year 2019 is shown as below: Date Particulars Debit Date Particulars Credit 1-1- Balance 10,0008-12-Depreciation 3,500 2019 2019b/d 2,500 1-5- Cash a/c 2019 4,000 July Cash 1 31- Balance 12- c/d 2019 What is the closing balance of machinery account
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Financial And Managerial Accounting
Authors: John J. Wild
9th Edition
1260728773, 9781260728774
