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During the year ended 31st march, …

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During the year ended 31st march, 2017.A van costing 40,000 was purchased on 1st april , 2016 . & Wrongly debited to travelling exp. A/C on which dep. Is to be calculated 20% p.a. the asset is to be brought into A/C at dep. Value. Profits: 31st mar. 2017 _ 30,000₹ 31st mar. 2016 _ 20,000₹ 31st mar. 2015 _ 10,000₹(loss).what happen according to death of partner.

Posted by Ravi Nayak 7 years ago

CBSE > Class 12 > Accountancy

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