Accountancy, asked by aasthavaishnav007, 6 months ago

Godrej Ltd. imported from Germany one    Machinery for sale in India & another   Machinery for production purpose. Will you Treat them goods  or Fixed assets? give Reason  to support your answer.       .​

Answers

Answered by devibaby0470
1

Answer:

Imported from Germany one machinery for sale in India and another machinery for production purpose. Machinery imported for sale in India will be treated as goods. ... Machinery purchased for production will be treated as fixed asset.

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