Question

9th class telugu 1st lesson prathi padardhalu​

Answer 1

Answer:

Glass, Cutlery etc.: Balance on 01.01.2014 is Rs. 28,000. Glass, Cutlery, etc. purchased during the year Rs. 16,000. Depreciation is to be charged on the above as follows-

1/5th of their values is to be written off in the year of purchases and 2/5th in each of the next 2 years. Of the stock of Glass, Cutlery, etc. as on 01.01.2014, 1/2 was one year old and 1/2 was 2 years old.

Purchase are made on 1st January.

Closing Balance in Glass, Cutlery A/c= _____.