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on 1st April 2014 Veeru limited …
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Class 11
Accountancy
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on 1st April 2014 Veeru limited purchased machinery for rs 250000 and spent 50,000 on its installation on 1st July 2016 one third of the first machinery purchased on 1st April 2014 was sold for rs 15,000 and a new machineryat the cost of 200000 was purchased on the same date the company has adopted the method of providing depreciation @ 15% per annum on state and method show machinery account provision for depreciation account and machinery disposal account for 3 years and on 31st March 2015 to 31st March 2017
Posted by Gaurav Maheshwari 2 years, 11 months ago
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