No products in the cart.

Harsh Traders purchased on 1st April …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Harsh Traders purchased on 1st April 2020, a second-hand machinery for Rs.1,80,000 Further expense of Rs.20,000 was incurred to improve its technical reliability. Useful ife of the machinery is estimated to be 10 years. Maintenance during the year was Rs10,000. On 1st July 2021 additional machinery costing Rs.1,00,000 was purchased. On 1st April 2022 the machinery purchased on 1st April 2020 having become obsolete was sold for Rs.1,10,000 and on 1st October 2022 new machinery was purchased at a cost of Rs.1,50,000. Depreciation is charged @10%p.a. following Straight Line Method. Prepare the Machinery Account for three years ending on 31s March 2023.

Posted by Paramdeep Singh 4 months, 1 week ago

CBSE > Class 11 > Accountancy

0 answers

ANSWER

http://mycbseguide.com/examin8/

Related Questions

Supplied goods costing 3600 to Sanjay . Issued invoice at 20 % above cost less 10 % trade discount

Posted by Shreya Verma 3 days, 18 hours ago

CBSE > Class 11 > Accountancy

0 answers

Neerav and madhur are partners in a firm they share profits in the ratio of 3:2

Posted by Abhishek Parida 1 week, 5 days ago

CBSE > Class 11 > Accountancy

0 answers

The following is the trial balance of Zoya steel ltd. As on 31st March 2018

Posted by Ankita Chauhan Ankita Chauhan 1 month, 2 weeks ago

CBSE > Class 11 > Accountancy

0 answers

I'm so confused while preparing balance sheet . Chapter accounting equation .

Posted by Prabh Virk 6 days, 23 hours ago

CBSE > Class 11 > Accountancy

0 answers

To know the exact reason leading to net profit or net loss

Posted by Mohit Arora 4 weeks ago

CBSE > Class 11 > Accountancy

0 answers

On 1st may 2020 cash book bank overdraft balance was ₹4000 on depositing ₹20,000 into bank and giving a cheque of ₹14,400 for rent the balance will be

Posted by Anshul Verma 1 month ago

CBSE > Class 11 > Accountancy

0 answers

sum

Posted by Arifa Meharun 1 month, 4 weeks ago

CBSE > Class 11 > Accountancy

0 answers

Q43. Vikram Ltd. issued 50,000 shares of Rs. 10 each at a premium of Rs. 1 per share payable as follows: Rs. 3 on Application Rs. 4 on Allotment (including premium) Rs. 2 on First Call Balance when required Applications were collected for 46,000 shares and all of these were accepted. Directors did not make final call. A shareholder holding 800 shares did not pay the (Rs.) pending on first call. The shares were forfeited and re-issued at Rs. 7 per share, Rs. 8 per share paid. Pass Cash Book and Journal Entries

Posted by Uditya Jha 3 weeks, 2 days ago

CBSE > Class 11 > Accountancy

0 answers

Journal entries of Q 18. Ch 3

Posted by Harini Brahmbhatt 3 weeks, 3 days ago

CBSE > Class 11 > Accountancy

0 answers

Difference between expenses and expenditure

Posted by Rehaan Nanda 1 month, 1 week ago

CBSE > Class 11 > Accountancy

1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App