16. A Computer & Software Company purchases-5 Computers at ₹ 25,000 each on July 1, 2016. The company writes off depreciation @20% per annum on original cost and observes financial year as its accounting year. On January 1, 2019 one of the Computers was damaged due to electric fluctuation and was completely destroyed. Damaged Computer was sold to a Mechanic for 11,250. On the same day the company purchases a Second hand computer for 15,000. Prepare Computer Account for the three years.
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