Question

D Asset Disposal A/c is prepared for sale of Asset - Straight line Method
23. On 1st January, 2017. Beta Ltd. bought a machine for * 6,00,000. On 1st
April 2019, a part of machine bought for 1,40,000 on 1st January, 2017
was sold for * 50,000. On 1st May, 2019, a new machine was purchased
for 1,50.000
It is decided to depreciate the machine @ 20% p.a. on straight line method
and Asset Disposal A/c is prepared for sale of asset.
Show ledger accounts for 3 years assuming accounts are closed on 31st
Dec. each year:
(1) Provision for Depreciation A/c is not maintained
(1) Provision for Depreciation A/c is maintained.​

Answer 1

Answer:

58,90,000 this is the answer

Answer 2

Answer:

58,90,000 ..

Explanation:

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