When a machine was purchased on 1 October 20*6 for 19,000, it was thought that it would
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When a machine was purchased on 1 October 20*6 for £19,000, it was thought that it would be used for six years and then sold for scrap worth £1,000.
The machine was sold for £13,250 on 30 September 20*8 after only two years’ use.
Required
Prepare a disposal account for the machine.
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Disposal Account Machine Particulars Debit Credit Machine Cost 19000 Accumulated Depreciation 6...View the full answer
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Abdul Wahab Qaiser
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