Jain bro purchased a machine on April 1 2011 at a cost of Rs 60000 and spend rupees 4000 on its installation the firm write off depreciation at 25 % per annum by written down value method show the machinery account for four years the books of Jain Bros the books are closed on 31st March every year
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Answered by
1
Answer:
machine washable
Explanation:
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Answered by
0
Answer:
depreciation=16000
Explanation:
original cost =60000+4000=64000
scrap value=20250
depreciation=64000÷100×25=16000
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