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On 1.1.2003 the following balances appeared …

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On 1.1.2003 the following balances appeared in the books of dogra and broa: Machinery account =₹459500 Provision for depreciation =₹120210 A new machinery for ₹195000 was purchased on 1.10.2003. On 1.11.2004 a part of machine purchased for ₹ 160000 (on 1 .1.1999) was sold for ₹ 95000. On same day new machine was purchased for 36500 . 10% depreciation is charged on diminishing balance method . Show machinery and provision for depreciation accounts for year 2003 and 2004. Books are cloased on 31 december

    • Posted by Guntaj Singh 6 years, 8 months ago

    CBSE > Class 11 > Accountancy
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