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  • Feb 4, 2012, 06:35 AM
    princess2624
    Subsidiary books
    I need to recird the following entries in appropriate subsidiary books:
    Machinery dr- 60000
    Loss on machinery dr- 2000
    To old machinery cr- book value 10000 but sold in 8000
    To xyz cr-26000
    To bank cr- 26000

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