Question: 4. Beia Ltd. purchased a second hand machine for T 56,000 on October 01, 2018 and spent T 24,000 on its repair and instaaon and

4. Beia Ltd. purchased a second hand machine for T 56,000

4. Beia Ltd. purchased a second hand machine for T 56,000 on October 01, 2018 and spent T 24,000 on its repair and instaaon and f 5,000 for its carriage. Depreciation is provided on machinery @ 10% pa on Diminishing Balance Method on March 31 every year. Prepare machinery account and depreciation account from year ended 315't March 2019 and 315t March 2020. 10 mks

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