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19. On 1" April, 2014, Veeru …

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19. On 1" April, 2014, Veeru Ltd. pumhased a machinery for a 2,50,000 and spent rs. 50,000 on its installation. On 1^ July, 2016 1/3rd of machinery purchased on 1st April, 2014 was sold for re, 15,000 and a new machinery at the cost of rs. 2,00,000 was purchased on the same date. The com- peny free adopted the method of providing depreciation @ 15% p.e. on stralghtllne method. Show the machinery account, provision for depreciation account and ma- chinery diapoaal account for three years endad on 31st March, 2015 to 31st March, 2017

Posted by Badboi Pandat 3 years, 10 months ago

CBSE > Class 11 > Accountancy

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