Question

27,50,000 on 1st April, 2013. Prepare the Machinery Account and Provision for Depreciation
Account for the year ended 31st March, 2017 assuming that the firm has been charging
Depreciation @ 10% p.a. on the Straight Line Method.
(4)
QC) Enter the following transactions of a dealer in electrical goods in the appropriate subsidiary
books.
2020
Transactions
Feb
3 Purchased from Raghuraj & Sons :
80 electric Kettles @ 300 each
40 electric irons @ 420 each
20% Trade Discount.
12 Returned 10 electric kettles to Raghuraj & Sons
22 Sold to Charu
200 electric shavers @ 250 each
400 toasters @* 150 each
450 heaters @ 200 each
10% Trade Discount
25 | Sold for Cash 20 electric irons
9,000
Your answer​

Answer 1

Answer:

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