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On 1 st April, 2014,VeeruLtd. purchased …

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On 1 st April, 2014,VeeruLtd. purchased amachinery forrs. 2,50,000 and spent rs. 50,000 on itsinstallation. On 1 st July, 2016 1/3rd of machinery purchasedon1stApriI,2014wassoldfor rs. 15,000 and a newmachinery at the cost of rs. 2,00,000 was purchased on the same date. The com- pany has adopted themethod of providing depreciation @15% p.a. on straight line method. Show the machinery account for three years ended on 31st March, 2015 to 31st March, 2017

Posted by Tanishq Sharma 4 years, 9 months ago

CBSE > Class 11 > Accountancy

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Asra Nigar 4 years, 9 months ago

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