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Mahindra Limited purchase on 1st April …

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Mahindra Limited purchase on 1st April 2013 a machinery for 440008 was estimated at the effective life of the machine we will be 10 years and after 10 years is Salvage value will be 20000 on 1st April 2014 the company purchase additional second hand machinery for 2725000 and spend 30000 to put in working condition is effective life will be 15 year and scrap value 20000 on 1st October 2015 and new machinery watches for 99000 hours which the scrap value will be 19000 and the effective life was 20000 show the machinery account from 1st April 2013 to 31st March 2017 charging depreciation on straight line method

    • Posted by Shivam Jha 7 years, 6 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Yash Jain 2 years, 6 months ago

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