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Rajan enterprise purchased machinery for rs.56000 …

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Rajan enterprise purchased machinery for rs.56000 on 1 April 2014 and spent rs. 4000 on cartage .The firm follow calender year and writes off depreciation @ 10% p.a.by straight line method. Prepare machinery account and depreciation account for 3 years

Posted by Kamal Grewal 6 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Neha Behera 6 years, 1 month ago

56000+4000 is the amount for TO BANK A/C then calculate. The depreciation amount is 6000 every year (10%on60000)

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