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Mr. Vaid of Calcutta purchased the required machine on 1.4.1994 for Rs 65,000. He engaged Kabul to erect the units, who charged Rs 5,000 and agreed to wait a month for his payment. The machinery was depreciated at 10%p.a. on the Fixed Instalment Method -- and accounting year being April-March. On 1.10.1996, a single unit which cost Rs 10,000 originally was sold for a cash price of Rs 7,000. On the same date, a Mr. Vaid of Calcutta purchased the required machine on 1.4.1994 for Rs 65,000. He engaged Kabul to erect the units, who charged Rs 5,000 and agreed to wait a month for his payment. The machinery was depreciated at 10%p.a. on the Fixed Instalment Method --- and accounting year being April-March. On 1.10.1996, a single unit which cost Rs 10,000 originally was sold for a cash price of Rs 7,000. On the same date, a new machine costing Rs 10,000 (paid for by cheque) was installed. Write out the Machinery Account for the years 1994-95, 1995-96, 1996-97 and Machinery Disposal Account

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