Question

C I (Calculate depreciation to the nearest multiple of a rupee.) 22 A company writes off depreciation on straight line basis on machinery at 10%. On 31st December, 2012, the position was as under : ₹ Cost of purchase to-date 52,590 Depreciation written off to-date 25,670 During 2013, an addition of * 2,480 was made to machinery. A machine bought in 2009 for 2,800 was sold for 800 during the year. No depreciation is to be provided on assets sold during the year, while full year's depreciation is to be provided on assets acquired during the year. You are required to show the machinery account for the year 2013. 24. C 1 r C​

Answer 1

Answer:

₹2800

Explanation:

of a rupee.) 22 A company writes off depreciation on straight line basis on machinery at 10%. On 31st December, 2012, the position was as under : ₹ Cost