A company purchased machinery for Rs 2,00,000 on 1st April, 2016. The machine
Channel: Doubtnut
Date: 2020-03-29

A company purchased machinery for Rs 2,00,000 on 1st April, 2016. The machinery is depreciated `\" @ \"10%` p.a. of cost. On 1st October, 2018, the machinery was sold for Rs 1,20,000. Draw the Machinery Account for the years ended 31st March 2017, 2018 and 2019.