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On 1st April 2015, Ltd purchased …

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On 1st April 2015, Ltd purchased a machine for Rs 2,40,000 and spent Rs 10000 on its erection.On 1 Oct, 2015 an additional machinery costing Rs 100000 was purchased. On 1st October 2017, the machine purchased on 1st April, 2015 was sold for Rs 143000 and on the same date, a new machine was purchased at a cost of Rs 200000.show the machinery account for the first four financial years after charging depreciation at 5% p.a by the straight line method.

Posted by Vikas Kumar 5 years, 10 months ago

CBSE > Class 11 > Accountancy

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