Accountancy, asked by rasagnyat6, 5 months ago

an old machine with book value of ₹ 60,000 is exchanged for a new machine for ₹ 2,00,000 the old machine is valued at ₹ 40000 for exchange purpose by the selling company

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Answered by sangeeta9470

1

Answer:

so we have to pay 160000 (200000-40000) to the selling company

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