Depreciation question with answer

M/s Dolphin, New Delhi, showed a debit balance of Rs. 32,000 to the Machinery A/c on 1^st April, 2001(Original cost of the Machinery was Rs. 40,000). On 1^st October, 2001 the Mill bought additional Machinery for Rs. 15,000 and spent Rs. 1,000 for its installation. One more machinery costing Rs. 20,000 was purchased on 31^st March, 2003. Depreciation is charged on 31^st March, every year at 10% p.a. under the straight line method. On 31^st March, 2004, the machinery which was purchased on 1^st October, 2001 was sold for Rs. 12000. Prepare Machinery A/c and Depreciation A/c for the years 2001 – 2001, 2002 – 2003 and 2003 – 2004. 

DATE	PARTICULARS	AMOUNT	DATE	PARTICULARS	AMOUNT
1.4.01	To balance b/d	32000	31.3.02	By depreciation a/c	4800
1.10.01	To cash / bank a/c	15000	31.3.02	By balance c/d	43200
1.10.01	To cash/ bank a/c	1000
		48000			48000
1.4.02	To balance b/d	43200	31.3.03	By deprecation a/c	5600
31.3.03	To cash/ bank a/c	20000	31.3.03	By balance c/d	57600
		63200			63200
1.4.03	To balance b/d	57600	31.3.04	By depreciation a/c	7600
			31.3.04	By cash/ bank a/c	12000
			31.3.04	By balance c/d	38000
		57600			57600
1.4.04	To balance b.d	38000