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Bhushan and company purchased a machinery …

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Bhushan and company purchased a machinery on 1st April 2009,for Rs.54000 and spent Rs.6000 on its installation.On 1st December 2010,it purchased another machine for Rs 30000. On 30th June 2011,the first machine purchasedbon 1st April 2009 is sold for Rs 36000 and on the same date it purchased a new machinery for Rs 80000. On December 1,2012 ,the second machine (purchased on Dec 1,2010)was also sold off for Rs 26000. Depreciation was provided on machinery @10%p.a.on Original cost Method anually on 31st March .Give the machinery account fir four years.

Posted by Harsheet Singh 1 year, 10 months ago

CBSE > Class 11 > Accountancy

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