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Evergreen Traders purchased a machine on 1st April, 2012 at a cost of Rs. 8,000 and spent Rs. 2,000 on its installation. The firm writes off depreciation 10 % per annum by fixed instalment method.
Show the machine account for 4 years in the books of Evergreen Traders. The books are closed on 31st March every year.
+10 pts
Posted on 02 Apr 2024, this text provides information on Accountancy related to Standard XI. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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25 Qs 25 Marks 15 Mins
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