Please prepare the machinery account of this cash flow question.
Dear Student
Hope this helps
Regards
| Machinery A/c | |||||
| Cr. | |||||
| Date | Particulars | Amount | Date | Particulars | Amount |
| (Rs) | (Rs) | ||||
| Bal B/d | 3,460,000 | Bank A/c | 45,000 | ||
| Loss on sale A/c (70,000 - 10,000 - 45,000) | 15,000 | ||||
| Bank A/c (B.Fig) | 800,000 | ||||
| Depreciation(B.Fig) | 250,000 | ||||
| Bal C/d | 3,950,000 | ||||
| 4,260,000 | 4,260,000 | ||||
Hope this helps
Regards