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On 1st April 2016 a company …

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On 1st April 2016 a company purchased 6 machines for rs 50000 each.Depreciation at the rate of 10% p.a.is charged on straight line method.the accounting year of the company ends on 31st March and the depreciation is credited to a separate provision for depreciation account

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CBSE > Class 11 > Accountancy

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CBSE > Class 11 > Accountancy

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