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5. Vismay Ltd. purchased a machine …

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5. Vismay Ltd. purchased a machine for 1,20,000 on 1-4-2016. Another machine was purchased for 96,000 on 1-12-2017. Depreciation provided on machine is at 10 % p.a. by straight line method. On 31-3-2019 the first machine was sold at 30 % loss on book value. Prepare machine account and pass journal entries for the year 2018-19.

Posted by Bhoomi Chandnani 2 years ago

CBSE > Class 11 > Accountancy

3 answers

Aakash Kashyap 1 year, 11 months ago

46800

Aakash Kashyap 1 year, 11 months ago

The sold of this machinery 72000

Nitin Joshi 1 year, 11 months ago

Ajajja

ANSWER

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