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1st January, 2016, A Ltd. Purchased …

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1st January, 2016, A Ltd. Purchased a machine for Rs. 2,40,000 and spent Rs. 10,000 on its erection. On 1st July, 2016 an additional machinery costing Rs. 1,00,000 was purchase on 1st January, 2016 was sold for Rs. 1,43,000 and on the same date, a new machine was purchase at a cost of Rs. 2,00,000. Show the Machinery Account for the first three calendar year after charging depreciation at 5% by the Straight Line Method.

Posted by Harshit Rajput 5 years, 5 months ago

CBSE > Class 11 > Accountancy

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