M/s. Dalmia Textile Mills purchased machinery on April 01,2016 `Rs.` 2,00,000 on credit from M/s Ahuja and sons and spent `Rs` 10,000 for its installation. Depreciation is
Depreciation, Provisions and Reserves
provided `"@"10%` p.a. on written down value basis. Prepare Machinery Account for the first three years. Books are closed on March 31, every year.

Explanation

Working Notes
`{:("Calculation of he amount of depreciation ",(Rs.)),("Original cost on"01.04.2016-17,"2,10,000(i.e.20,000+10,000)"),("Less: Depreciation for" 2016-17,underline"(21,000)"),("WDV on" "01,04,2017","1,89,000"),("Less : Depreciation for" 201-18 ,underline"(18,900)"),("WDV on" ",01,04,2018","1,70,100"),("Less : Depreciation for" 2018-19,underline "(17,010)"),("WDV on"01.04.2017,underline "1,53,090"):}`