User The following are the particulars relating to the machine account Purchase : 5 machines at Rs. 10000 each Date of purchase : January 1, 2017 Depreciation applied : Straight Ime at 20% per annum. Salvage value : Rs. 2.000 each Scrapped : One machine realizing Rs. 6,000 on the last date of December, 2019 Accounts closed on : The last date of December every year. Required: Machinery account for 2019
