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Plant and machinery 1210000 of current …

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Plant and machinery 1210000 of current year and 114000 prev. Year Accumulated depriciation 200000 current year and 240000 prev. year on plant and machinery. Additional info. During the year a machinery costing Rs.80000 on which accumulated dep. was Rs.50000 was sold for Rs.30000 How to calculate depriciation on plant and mechinery? On cash flow statement.

Posted by Raj Kumar 5 years, 9 months ago

CBSE > Class 12 > Accountancy

1 answers

Ajay Garg 5 years, 9 months ago

Prepare accumulated. Dep. Account Opening balance on Cr. Side Closing bal. On Dr. side Write dep. Of machinery sold on dr. Side Bal. On cr. Side will be dep. On plant amd machinery

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