The cost of the Machinery in use with Pramod & Co.on 1st April, 2004 was Rs.3,00,000 against which the depreciation provision stood at Rs.1,00,000 on that date. The firm provided depreciation at 10% on the diminishing value. On 1st October 2004, a machine costing Rs.40,000 purchased on 1st April, 2002 was sold for Rs.32,000 and on the same date another machine was purchased for Rs.50,000. Show the following accounts in the books of Pramod & Co. for the year 2004-2005: 1. Machinery Account. 2. Provision for Depreciation Account. 3. Machinery Disposal Account