No products in the cart.

On 1st April 2014, Veeru Ltd. …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

On 1st April 2014, Veeru Ltd. Purchased a machinery for Rs. 2,50,000/- and spent Rs. 50,000/- on its installation. On 1st July, 2016, 1/3rd of machinery purchased on 1st April, 2014 was sold for Rs. 15,000/- and a new machinery at the cost of Rs. 2,00,000/- was purchased on the same date. The company has adopted the method of providing depreciation @15% p.a. on straight line method. Show the machinery account, provision for depreciation account and machinery disposal account for three years ended on 31st March, 2015 to 31st March 2017

Posted by Neha Khan 3 years ago

ICSE & ISC > Class 11 > Accountancy

0 answers

ANSWER

http://mycbseguide.com/examin8/

Related Questions

On 1st April 2014 veeru Ltd

Posted by Drishti Jodhani 3 years, 3 months ago

ICSE & ISC > Class 11 > Accountancy

0 answers

Case study of a sole proprietor including 25 transaction and make journal ledger trial balance trading account profit and loss account and balance sheet from the transactions

Posted by Shivi Agarwal 1 year, 5 months ago

ICSE & ISC > Class 11 > Accountancy

0 answers

Mr Tushar decided to start a business

Posted by Pavan Ramakrishna 1 year, 7 months ago

ICSE & ISC > Class 11 > Accountancy

0 answers

Commenced business with cash ₹60000

Posted by Adithyan Santhosh 2 years ago

ICSE & ISC > Class 11 > Accountancy

1 answers

What is management

Posted by Muhammed Hisham 3 years, 3 months ago

ICSE & ISC > Class 11 > Accountancy

1 answers

Gaap CH explain

Posted by Amay Nauriyal 3 years, 1 month ago

ICSE & ISC > Class 11 > Accountancy

0 answers

On Ist April, 2020, Plant and Machinery was purchased for 1,20,000. New machinery was purchased on 1st Oct., 2020, for ₹50,000 and on 1st July, 2021, for ₹25,000. On 1st January, 2023, a machinery of the original value of ₹20,000 which was included in the machinery purchased on 1st April, 2020, was sold for 26,000, Prepare Plant & Machinery A/c for three years after providing depreciation at 10% p.a. on Straight Line Method. Accounts are closed on 31st March every year

Posted by Vip Padmaraj 1 year, 2 months ago

ICSE & ISC > Class 11 > Accountancy

0 answers

Mr . Manoj a commerce student opted

Posted by Sufiyan Gulab 3 years ago

ICSE & ISC > Class 11 > Accountancy

0 answers

Paid A. Shina a cheque in full settlement of the account rs 1800

Posted by Anirban Mitra 2 years, 3 months ago

ICSE & ISC > Class 11 > Accountancy

1 answers

Manoj, naresh and Om were commerce students. They had opted computer subject

Posted by Kush Shrivastava 2 years, 9 months ago

ICSE & ISC > Class 11 > Accountancy

0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App