31. Books of Mumbai Chemicals Ltd. showed the following balances on 1st April, 2019:

Machinery A/c ₹10,00,000

Provision for Depreciation A/c ₹4,05,000

On 1st April, 2019, a machine which had a cost of ₹2,00,000 on 1st October, 2016 was sold for ₹80,000. The firm writes off depreciation @ 10% p.a. under the Reducing Balance Method and its accounts are made up on 31st March each year. You are required to prepare the Machinery A/c and Provision for Depreciation A/c for the year ending 31st March, 2020.