Question

21. On 1st Baishak 2074, Suzuki Company had a opening balance of machinery account of Rs. 180,000. The machinery was purchased on 1st Baishak 2073. On 1st Kartik 2074, another machinery costing Rs. 100,000 was purchased. On 30th Ashwin 2075, the company disposed off the machinery which was purchased on 2073 at Rs. 1,60,000. On the same date another machinery was purchased for Rs. 1,50,000. Depreciation is to be charged @ 10% per annum on straight line basis. Accounts are closed on 31st Chaitra each year. Required: Machinery account for 2074 to 2075.

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

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