Question

15
0.3
Bajaj Co. Ltd purchased a machinery for a period of 5 years for Rs.20,000 on 1" January 2012. The
Company decided to write off the machinery by annuity method. Presuming the rate of interest at 5% per
annum.
The annuity table shows that the annual Rs. Necessary to write off Rs.1 at 5% per annum is Rs.0.230976.
Prepare Machinery Account in the books of Bajaj Co. Ltd for five years.
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180925
337347445​

Answer 1

Answer:

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