Question

JP Group company purchase a plant 65,000 and 15,000 spend for repair on 1st July 2015 after of year .on 1st April 2016 purchase one other plant costing 40,000 on 1st October 2018 sold first machinery costing 4000. Depreciation 8% per annum state line method the year close 31st March every year.​

Answer 1

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