Math, asked by motiyanisakshi4, 6 months ago

2.
Q.17 On 1st April, 2018 a machine was purchased for Rs. 800,000. Depreciation is
charged @ 10% per annum on reducing balance method and books are closed on
31st December every year. On 1st July, 2020 the machine is sold for Rs. 360,000.
Loss can sole of machine will be-
(1)
306000 Rs.
239400 Rs.
272700 Rs.
(iv) 255600 Rs.
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Answers

Answered by GhotraKaur

0

Answer:

iii)272700right

Step-by-step explanation:

Because,

Cost of machine on 1 april,2018:800000

Depreciation on 31 December,2018:-60000

Cost of machine on 1 Jan,2019:740000

Depreciation on 31 December,2019:-74000

Cost of machine on 1 Jan,2020:666000

Depreciation on 1 July,2020:-33300

Cost of machine on 1 July,2020: 632700

Cost of sale of machine:-360000

Loss on sale of machine:272700

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