A company purchased a machinery
TORS 50000 on ist de 2007
another machinery purchased in 2007
Was sold at a loss of RS 5000 the
company charge depreciation at the
rate 15paon diminsing balance
method account are closed Sist
march every year prepare machinery
account for 3 years
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machinery
TORS 50000 on ist de 2007
another machinery purchased in 2007
Was sold at a loss of RS 5000 the
company charge depreciation at the
rate 15paon diminsing balance
method account are closed Sist
march every year prepare machinery
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