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The book value of plant and …

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The book value of plant and machinery on 1-1-2010 was Rs.200000.New machinery for Rs.10000 was purchased on 1-10-2010 and for Rs.20000 on 1-7-2011.On 1-4-2012,a machinery whose book value had been Rs.30000on 1-1-2010 was sold for Rs.16000 and the entire amount was credited to plant and machinery account.Depreciation had been charged at 10% per annum on straight line method.Show the plant and machinery account from 1-1-2010 to 31-12-2012.

Posted by Himanshu Raj 8 years, 7 months ago

CBSE > Class 11 > Accountancy

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