CA CPT Model Test Paper 3 with solutions for online practice
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Question : 46 of 200
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On 1.4.2014 the balance of Machinery Account Rs. 5,17,000.It was discovered during 2014-2015 that Rs. 25,000 being repairs to machinery incurred on 30 june,2012 had been capitalizes. After rectification and depreciation @20%p.a. on reducing balances, the balance of Machinery Account as at 31.03.2015 will be:
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