A Company acquired a machine on October 1, 2014 at a cost of 4,00,000 and spent 10,000 on its installation
The company writes off depreciation @ 10% per annum on diminishing balance method. The books are closed
31st March every year Pass Journal entries and show the Machinery Account for 3 years
LAns. Balance of Muchinery Ne on 31.3.2017 3,15,496, Depreciation I year ₹ 20,500, IInd year 38,950,
Answers
Answered by
2
Answer:
answer is 56
I hope this will help you
Answered by
1
Answer:
explain me step by step I don't understand
Similar questions