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Ram purchased computer on 1.4.2010 for …

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Ram purchased computer on 1.4.2010 for Dr 600000 they are charging depreciation on written down method value in 31.3.2011 they sold computer for 165000and incured the loss of 75000 what is the rate of dep. charged

    • Posted by Komalpeet Kaur 8 years, 1 month ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Avinash Shekhar 8 years, 1 month ago

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    Mohan is admitted as a partner for 1/5th share on the following terms: (a) He is to contribute 14,000 as his share of capital which includes his share of premium for goodwill. (b) Goodwill is valued at 2 years' purchase of the average profits of the last 4 years, which were 10,000; 9,000; 8,000 and 13,000 respectively. (c) Plant to be written down to 25,000 and patents written up by * 8,000. Prepare the Revaluation Account, Partners' Capital Account and the Balance Sheet of the new firm.

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    CBSE > Class 11 > Accountancy
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    CBSE > Class 11 > Accountancy
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