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Open T shape account for Machinery and write the following on the proper side:

S.N Particulars
1 Machinery purchased for 5,00,000
2 Machinery Sold 1,20,000
3 Machinery Discarded 50,000
4 New Machinery Purchased 2,00,000
5 Machinery destroyed 40,000

[Ans. Debit side 1, 4; Credit Side 2, 3, 5]

Anurag Pathak Answered question June 5, 2024
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