Accountancy, asked by nidhi9197, 4 months ago

In the books of Vandana Ltd. the machinery account showed a debit balance of Rs.1,20,000 as on 1 st April ,2019 and Provision for depreciation account at Rs.24,000. The Machinery was sold on Dec 31, 2019 for Rs.56,000. The company charges depreciation @ 20% p.a. on Straight Line Method. Profit or Loss on sale of the Machinery is Rs​

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Answered by digerohit2000
2

Answer:

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Answered by Anonymous
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