Question

How is goodwill treated in financial statements when given in trial balance??

Answer 1

Elements of Accounts :part 2 std 11

Depreciation Accounts

 Answer the following question in brief :

1 one machine was purchas on 1-4-08. On 1-4-14 the openings balance of machine Accounts is 28000. Depreciation on machine is charged at 10% under straight line method. Write journal enter for Depreciation on 31-3-15.

Ans...