On 1st April, 2020 Hiya Ltd. purchased a machinery for 1.20,000 and on 30th September, 2021 it acquired another machinery for 20.000. On 30th June 2022. a part of machinery purchased on 1st April, 2020 costing 5,000 became obsolete and sold for 500. On the same date a new machinery was purchased for 8,000. Depreciation is to be charged @ 10% p.a. on written down value method. Books of accounts are closed on 31 March every year. Show Machinery Account for three years from 1 April, 2020 to 31st March, 2023

On 1st April, 2020 Hiya Ltd. purchased a machinery for 1.20,000 and on 30th September, 2021 it acquired another machinery for 20.000. On 30th June 2022. a part of machinery purchased on 1st April, 2020 costing 5,000 became obsolete and sold for 500. On the same date a new machinery was purchased for 8,000. Depreciation is to be charged @ 10% p.a. on written down value method. Books of accounts are closed on 31 March every year.

Show Machinery Account for three years from 1 April, 2020 to 31st March, 2023

To show the Machinery Account for three years from 1st April 2020 to 31st March 2023, we will record all the machinery-related transactions and calculate the depreciation as per the written down value method. Let's create the Machinery Account:

Machinery Account

Date	Particulars	Amount (Rs.)	Amount (Rs.)	Amount (Rs.)
01-Apr-2020	To Bank (Purchase)	1,20,000	1,20,000
30-Sep-2021	To Bank (Purchase)	20,000		1,40,000
30-Jun-2022	By Sale of Old Machinery		(500)	1,39,500
30-Jun-2022	To New Machinery (Purchase)	8,000	8,000	1,47,500
	Closing Balance on 31-Mar-2023			1,47,500

Depreciation Calculation:

Year 1 (2020-2021):

Depreciation = Opening Balance (1,20,000) * 10% = 12,000

Closing Balance (31-Mar-2021) = 1,20,000 - 12,000 = 1,08,000

Year 2 (2021-2022):

Depreciation = Opening Balance (1,08,000) * 10% = 10,800

Closing Balance (31-Mar-2022) = 1,08,000 - 10,800 = 97,200

Year 3 (2022-2023):

Depreciation = Opening Balance (97,200) * 10% = 9,720

Closing Balance (31-Mar-2023) = 97,200 - 9,720 = 87,480

Note:

1. The depreciation for the period before 30th September 2021 was not considered as it was not mentioned in the information provided.

2. The depreciation is charged on the opening balance at the beginning of each financial year.

This Machinery Account will show the details of machinery transactions and the closing balance for each financial year from 1st April 2020 to 31st March 2023.