On 1st April, 2005, Z Ltd. …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
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 9 months, 2 weeks ago
- 0 answers
ANSWER
Related Questions
Posted by Alok Bhartiya 1 month, 1 week ago
- 2 answers
Posted by Soumyajit Patnaik 1 month ago
- 0 answers
Posted by Ansh Dwivedi 1 month, 1 week ago
- 0 answers
Posted by Garima Gaur 1 month, 1 week ago
- 1 answers
Posted by Garima Gaur 1 month, 1 week ago
- 0 answers
Posted by Arun Arun 1 month, 2 weeks ago
- 2 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app