Shri Krishan Manufacturing Company purchased 10 machines for `Rs.` 75,000 each on July 01, 2014. On October 01, 2016, one of the machines got destroyed by fire and an insurance claim of `Rs.` 45,000 was adimitted by the company. On the same date another machine is purchased by the company for `Rs.` 1,25,000. The company writes off `15%` p.a. depreciation on written down value basis. The company maintains the calendar year as its financial year. Prepare the machinery account from 2014 to 2017.

On January 01, 2014, a Limited Company purchased machinery for Rs. 20,00,000. Depreciation is provided @15% p.a. on diminishing balance method. On March 01, 2016, one fourth of machinery was damaged by fire and Rs. 40,000 were received from the insurance company in full settlement. On September 01, 2016 another machinery was purchased by the company for Rs. 15,00,000. Write up the machinery account from 2010 to 2013. Books are closed on December 31, every year.

On 1st January, 2017, the Jaipur Golden Transport Compnay purchased a truck for Rs 8,00,000. On 1st July, 2018, this truck was involved in an accident and was destroyed and Rs 6,00,000 were received by cheque from the Insurance Company in full settlement on 1st October, 2018. On 1st July, 2018, another truck was purchased by the company for Rs 10,00,000 plus CGST and SGST "@ "6% each. The company charges depreciation "@ "20% p.a. following Written Down Value Method. Prepare Truck Account and Depreciation Account for 2017 to 2019 when books are closed on 31st March every year.

A company purchased a machinery for Rs 50,000 on 1st October, 2016. Another machinery costing Rs 10,000 was purchased on 1st December, 2017. On 31st March, 2019, the machinery purchased in 2016 was sold at a loss of Rs 5,000. The company charges depereciation "@ "15% p.a. on Diminishing Balance Method. Accounts are closed on 31st March every year. Prepare the Machinery Account for 3 years.

Green Ltd. purchased a machinery on 1st August, 2015 for Rs 60,000. On 1st October, 2016, it purchased another machine for Rs 20,000. On 30th June, 2017, it sold the first 'machine for Rs 38,500 and on the same date purchased a new machinery for Rs 50,000. Depreciation is provided "@" 20% p.a. on cost each year. Accounts are closed each year on 31st March. Show the Machinery Account for three years.

A Noida based Construction Company owns 5 cranes and the value of this asset in its books on April 01, 2017 is Rs. 40,00,000. On October 01,2017 it sold one of its cranes whose value was Rs. 5,00,000 on April 01,2017 at a 10% profit. On the same day it purchased 2 cranes for Rs. 4,50,000 each. Prepare cranes account. It closes the books on December 31 and provides for depreciation on 10% written down value

Modern Ltd. Purchased a machinery on 1st August, 2016 for Rs 60,000. On 1st October, 2017, it purchased another machine for Rs 20,000 plus CGST and SGST "@ "6% each. On 30th June, 2018, it sold the first machine purchased in 2016 for Rs 38,500 charging IGST "@ "12% . Depreciation is provided "@ " 20% p.a. on the original cost each year. Account are closed on 31st March every year. Prepare the Machinery Account for these years.

On 1st April, 2016, Green Ltd. Purchased machinery for Rs 1,20,000 and on 30th September, 2017, it acquired additional machinery at a cost of Rs 20,000. On 30th June, 2018, one of the original machines which had cost Rs 5,000 was found to have become obsolete and was sold as scrap for Rs 500. It was replaced on that date by a new machine costing Rs 8,000. Depreciation is to be provided "@ "15% p.a. on the Written Down Value. Accounts are closed on 31st March every year. Show Machinery Account for the first three years.

Babu purchased on 1st April, 2017, a machine for Rs 6,000. On 1st October, 2017, he also purchased another machine for Rs 5,000. On 1st October, 2018, he sold the machine purchased on 1st April, 2017 for Rs 4,000. It was decided that Depreciation "@ "10% p.a. was to be written off every year under Diminishing Balance Method. Assuming the accounts were closed on 31st March every year, show the Machinery Account for the years ended 31st March, 2018 and 2019.