Arjun stateyec a business
On 1st April, 2005, Z Ltd. purchased machinery for 1,20,000 and on 30th September 2006, it acquired additional machinery for 20,000. On 30.06.2007 one of the original machine (purchased on [0.4 * 0.2005) which had cost 5,000 was found to have become obsolete and was sold as scrap for ₹500. On the same date a new machine was purchased for ₹8,000. Depreciation is to be charged @15% p.a. on written down value. Accounts are closed on 31st March each year. Show machinery account for the first three years.
Posted by Sonal Singh 2 weeks, 3 days ago
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After completing a course in gemology, Esha joins her father in the family business of fashion jewellery. Her father owns two showrooms at different locations in the city and operates his business through them. However, Esha intends to expand the business by venturing into online retailing. She also intends to introduce flexible manufacturing with the use of computer networks wherein the marketing department can interact constantly with the production department and get the customized products made as per the requirements of the individual customer. a. b. How is the mode of business that Esha intends to adopt different from the one that her father has been following over the years? Distinguish between the two different modes of business as identified in part (a) of the question b
Posted by Kavya Shah 2 weeks ago
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