Question

Amco Enterprises, Akola purchased a machinery for ` 50,000 from Bora Co. Borivali on 15th July, 2015 and paid the same by cheque. The firm has decided to charge depreciation on machinery @ 20% p.a. by written down value method at end of each accounting year on 31st December. On 1st January, 2017 they purchased additional machinery for ` 25,000 and paid by cheque.Prepare Machinery Account and Depreciation Account for the first three years in book of the firm.

Answer 1

first learn GST all rules then you will understand it

Answer 2

find all get rules bro then you will know