6. \( \mathrm{M} / \mathrm{s} X Y Z \) purchased a second hand machine for ? 8,000 on 1st April, 2015 . They spent ? 3,500 on its overhauling and installation, depreciation is written off @ \( 10 \% \) p.a. on the original cost. On 30th June, 2018 , the machinery was found to be unsuitable and sold for ? 6,500. Prepare the machinery account from 2015 to 2018 assuming that the accounts are closed on 31 st December, every year.
[Ans. Loss to be written off ? 1,262.50].