(c) आप इन्वेंट्री वैल्यूएशन को क्या समझते हैं और इन्वेंट्री वैल्यूएशन के महत्व को समझाए)
02 A company had a balance of Rs 4,0.5000 on 1 January 2018 in its machinery
account 10% per annum depreciation was charged by diminishing balance method
On the 1" July 2018 the company sold a part of the machinery for Rs 87.500 (which
was purchased on 1" January 2016 for Rs 1.20,000) and on the same date the
company purchased a new machinery for Rs 2,50,000 On 31" December 2018 the
directors of the company decided to adopt the fixed instalment method of
depreciation as per AS-104 Revised) instead of diminishing balance method, the rate
of depreciation remaining the same
Prepare Machinery Account in the books of the company for the year ended 2018
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The manager directs a disproportionate number of purchase orders to a supply company owned by the company.
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