Solve this queation The following balance appeared in the books of - TopicsExpress

Solve this queation The following balance appeared in the books of Muuza duka January 1st 1980 machine account 40,000/= Provision of depreciation 18,000/= On 1st January 1980 he decided to sell a machinery for 4350/=,this machinery was purchased for 8,000/= in January 1976 You are required to prepare machinery account, provision for depreciation and machinery disposal account on 31st Dec 1980 assuming the firm has been charging depreciation 10% p.a on straight line method thenotes.site11/index.php?option=com_content&view=article&id=20:accountance&catid=55:exercise1&Itemid=218

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