Question

At the time of A's retirement total amount payable to him was 250000 he took over a machinery of 25,000,a computer of 18000 and a vehicle of 45000 and the remaining amount will be paid after 2 years give the journal entry at the time of retirement​

Answer 1

Answer:

162000

Explanation:

25000+18000+45000=88000

250000-88000=162000

Answer 2

16200

Explanation:

25000+18000+45000=88000

250000+88000=162000