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M/s lokesh purchased a textile machine …

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M/s lokesh purchased a textile machine on April 1,2011 for 1 lakhs. On July 1,2012 another machine for 2,50,000. The machine purchased on April 1,2011 was sold for 25,000 on October 1,2015. The company charges depreciation @13%p.a. on straight line method. Prepare machinery account and machinery disposal account for year ended March 31,2014

Posted by Gaayathri Mjp 8 years, 7 months ago

CBSE > Class 11 > Accountancy

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