Question - 17 

ON 1st January, 1998 purchased some mavhine for Rs. 15,000 on 1st July, 1999 some more machines were purchased for Rs. 8,000 on 1st April, 2000 purchased amother machinery for Rs. 6,000 on 30th June, 2000 the machine bought on 01.01,1998 was auctioned for Rs. 3,000 which was bought for Rs. 5,000 Depreciation was charged @ 10% annually under reducing balance method show mahcinery account from 1998 to 2000.