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On 1april, 2005, Z Ltd. Purchased …

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On 1april, 2005, Z Ltd. Purchased machinery for Rs. 1,20,000 & on 30 sep. 2006, it acquired additional machinery for Rs 20,000. On June 30 ,2007 one of the original machine (purchased on 1 April, 2005) which had the cost Rs 5000 was found to have become obsolete & was sold as scrap for Rs 500. On the same date a new machine was purchased for Rs 8000. Depreciation is to be charged @15%p.a. on written down method. Show machinery account for 3 years.

Posted by Deepanshi Kapoor 8 years, 5 months ago

CBSE > Class 11 > Accountancy

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Reeaa Reeaa 5 years, 2 months ago

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