8. Open a “T shape account for machinery and put the following transactions on the proper side:
| ₹ | ||
|---|---|---|
| (i) | Machinery purchased | 40,000 |
| (ii) | Machinery sold | 10,000 |
| (iii) | Machinery purchased | 8,000 |
| (iv) | Machinery discarded | 14,000 |
| (v) | Depreciation on machinery | 1,000 |
T.S.Grewal/2024 Edition/Practical Problems/Q-08
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.
Answer :
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