Question

achinery costing 1,80,000. It purchased further
machinery on 1st January, 2016, costing 1,20,000 and on 1st October, 2016
360,000. On 31st March, 2017 one-third of the machinery which was installed on 1st July
2015 became obsolete and was sold for 25,000. Show how the machinery account would
B. A company purchased on 1st July, 20
appear in the books of the company, it being given that machinery was
Instalment at 10 % p.a. and company closes its accounts on 31st March.
​

Answer 1

Explanation:

Resource planning is essential for the sustainable existence of all forms of life. This shows that resource planning is needed at the national, regional, state and local levels for the balanced development of a country.