how to calculate the loss on sale of machinery with formula ?
Answers
Answered by
2
Loss on sale of Machinery = Book Value of the Machine as on the date of sale - Sale value of the machinery.
Book Value of the machinery = Original Cost of the Machinery - Accumulated Depreciation.
Similar questions
India Languages,
6 months ago
Computer Science,
6 months ago
Hindi,
6 months ago
Science,
1 year ago
Biology,
1 year ago