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April, 2014, Veeru Ltd. purchased a …

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April, 2014, Veeru Ltd. purchased a machinery for Rs. 2,50,000 and spent Rs. 50,000 on allation. On lst July, 2016, 1/3rd of machinery purchased on 1st April, 2014 was sold ISO0 and a new machinery at the cost of? 2,00,000 was purchased on the same date. heompany has adopted the method of providing depreciation @ 15% p.a. on Straight Line bed Show the Machinery Account, Provision for Depreciation Account and Machinery Deposal Account for three years ended on 31st March, 2015 to 31st March, 2017

Posted by Anjana Jain 3 years, 1 month ago

CBSE > Class 11 > Accountancy

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