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Birla Cotton Mills purchased a machinery …

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Birla Cotton Mills purchased a machinery on 1st May, 1991 for Rs. 90,000. On 1st July, 1992 it purchased another machine for Rs. 40,000. On 31st March, 1993 it sold off the first machine purchased in 1991 for Rs. 58,000 and on the same date purchased a new machinery for Rs. 1,00,000.depreciation Account @20% p.a on orginal cost method

Posted by Shrishti Singh 4 years, 10 months ago

CBSE > Class 11 > Accountancy

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Mohit Kumar 4 years ago

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Rohit Saini 4 years, 11 months ago

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