CLASS 11, CHAPTER-DEPRECIATION
On 1-4-2017, a Company purchased plant and machinery for 2,00,000. New
machinery for 10,000 was purchased on 1-1-2018 and for $20,000 on 1-10-2018. On
1-7-2019, a machinery whose book value had been 30,000 on 1-4-2017 was sold for
716.000 and the entire amount was credited to plant and Machinery Account.
Depreciation had been charged at 10% per annum on straight-line method. Accounts
are closed on 31st March every year. Show the plant and Machinery Account from
1+2017 to 31-3-2020.
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how can we answer it here!!?
u hv to draw a chart
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what you want to ask I can't understand
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