J.K. SHAH CLASSES a Veranda Enterprise CA FOUNDATION-ACCOUNTING HOMEWORK SECTION Q.13 The Machinery Account in the books of Ramlal showed a debit balance of 15,000 on 1st April, 2018. On 1st October, 2018, he purchased a machinery costing *10,000. On 1st January, 2019 he sold out one old machine for 2,000 whose book - value in the beginning of the year was 3,000. Machinery is to be depreciated at the fixed rate of 10% on diminishing balance method. Show the machinery account for the year ending 31st March, 2019.​