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Can you solve this question in table format
"A manufacturing concern, whose books are closed on 31st March, purchased machinery for. 50,000 on 1st April 2010. Additional machinery was acquired for? 10,000 on 1st Oct., 2011 and for 16.000 on 1st April 2014. Certain machinery purchased for * 10,000 on 1st April, 2010 was sold for 7 5.000 on 30th Sent 2013. Show the machinery account for five years writing off depreciation at 10% per annum on written down value.?"?
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Can you solve this question in table format"A manufacturing concern, w...
Here’s a detailed solution for the machinery account in a table format, considering the rules provided.

Machinery Account Overview
- The account will detail the purchase, sale, and depreciation of machinery over five years.
- Depreciation is calculated at 10% per annum on the written down value.

Machinery Transactions
| Date | Particulars | Amount (₹) | Remarks |
|---------------|-----------------------------------|---------------|-------------------------------------|
| 01-Apr-2010 | Opening Balance (Machinery) | 50,000 | Initial purchase |
| 01-Apr-2010 | Additional Machinery | 10,000 | Purchase on 1st April 2010 |
| 01-Oct-2011 | Additional Machinery | 10,000 | Purchase on 1st Oct 2011 |
| 01-Apr-2014 | Additional Machinery | 16,000 | Purchase on 1st April 2014 |
| 30-Sep-2013 | Sale of Machinery | (10,000) | Sold for ₹75,000 |

Depreciation Calculation
- For the year ending 31-Mar-2011:
- Depreciation on ₹50,000 = ₹5,000
- Closing balance = ₹50,000 - ₹5,000 = ₹45,000
- For the year ending 31-Mar-2012:
- Depreciation on ₹45,000 = ₹4,500
- Closing balance = ₹45,000 - ₹4,500 + ₹10,000 = ₹50,500
- For the year ending 31-Mar-2013:
- Depreciation on ₹50,500 = ₹5,050
- Closing balance = ₹50,500 - ₹5,050 + ₹10,000 = ₹55,450
- For the year ending 31-Mar-2014:
- Depreciation on ₹55,450 = ₹5,545
- Closing balance = ₹55,450 - ₹5,545 + ₹16,000 = ₹65,905
- For the year ending 31-Mar-2015:
- Depreciation on ₹65,905 = ₹6,590.50
- Closing balance = ₹65,905 - ₹6,590.50 = ₹59,314.50

Final Machinery Account
| Date | Particulars | Amount (₹) |
|---------------|-----------------------------------|---------------|
| 31-Mar-2011 | Closing Balance | 45,000 |
| 31-Mar-2012 | Closing Balance | 50,500 |
| 31-Mar-2013 | Closing Balance | 55,450 |
| 31-Mar-2014 | Closing Balance | 65,905 |
| 31-Mar-2015 | Closing Balance | 59,314.50 |

Summary
- Total machinery at the end of 5 years: ₹59,314.50
- The machinery account reflects the depreciation and changes due to purchases and sales over the period.
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Can you solve this question in table format"A manufacturing concern, whose books are closed on 31st March, purchased machinery for. 50,000 on 1st April 2010. Additional machinery was acquired for? 10,000 on 1st Oct., 2011 and for 16.000 on 1st April 2014. Certain machinery purchased for * 10,000 on 1st April, 2010 was sold for 7 5.000 on 30th Sent 2013. Show the machinery account for five years writing off depreciation at 10% per annum on written down value.?"?
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Can you solve this question in table format"A manufacturing concern, whose books are closed on 31st March, purchased machinery for. 50,000 on 1st April 2010. Additional machinery was acquired for? 10,000 on 1st Oct., 2011 and for 16.000 on 1st April 2014. Certain machinery purchased for * 10,000 on 1st April, 2010 was sold for 7 5.000 on 30th Sent 2013. Show the machinery account for five years writing off depreciation at 10% per annum on written down value.?"? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Can you solve this question in table format"A manufacturing concern, whose books are closed on 31st March, purchased machinery for. 50,000 on 1st April 2010. Additional machinery was acquired for? 10,000 on 1st Oct., 2011 and for 16.000 on 1st April 2014. Certain machinery purchased for * 10,000 on 1st April, 2010 was sold for 7 5.000 on 30th Sent 2013. Show the machinery account for five years writing off depreciation at 10% per annum on written down value.?"? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can you solve this question in table format"A manufacturing concern, whose books are closed on 31st March, purchased machinery for. 50,000 on 1st April 2010. Additional machinery was acquired for? 10,000 on 1st Oct., 2011 and for 16.000 on 1st April 2014. Certain machinery purchased for * 10,000 on 1st April, 2010 was sold for 7 5.000 on 30th Sent 2013. Show the machinery account for five years writing off depreciation at 10% per annum on written down value.?"?.
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