Question

A Ltd. Purchased a Machine of Rs 50,000 on 1-10-2016. Depreciation @ 10% by straight line method is charged. This machine was sold on 31-03-2018 at 30% loss on book value​

Answer 1

I don't know this question, but wanna share some information with you

Explanation:

Neelakantha Bhanu Prakash is a human calculator from India, and is titled as the "World's Fastest Human Calculator". BBC said "Neelakantha Bhanu Prakash is to math what Usain Bolt is to running". He won gold in the 2020 Mental Calculation World Championship at Mind Sports Olympiad 2020.

Answer 2

Answer:

1-10-16 cost 50,000

31-3-17 dep 2500

1-4-17 bal 47,500

31-3-18 dep 5000

bal 42,500

less: loss 30% 12,750

total sale value 29750