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On 1st April 2017 Alpha Ltd …

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On 1st April 2017 Alpha Ltd bought a machine costing rupees 49000 its working life was estimated as 10 years and it will fetch then rupees 9000. On 1st April 2018 it bought another machine for rupees 25000 having useful life 15 years (scrap value 2500). Addition was made again on 1st July 2019 with machine costing rupees 18000 with break-up value rupees 3000 and effective life of 15 years. Show machinery A/C from 2017-18 to 2019-20 assuming depreciation is charged on original cost method and accounts are closed on 31st March each year

Posted by Maitry Singh 3 years ago

CBSE > Class 11 > Accountancy

1 answers

Lx Misba 07 3 years ago

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