Accountancy, asked by zaalvasania2175, 10 months ago

M/S Daga & Co. installed a machinery on 01-01-2007 at a cost of Rs.5,00,000. Useful life of the machine is estimated at 10 years. Depreciation is charged under straight line method. In December, 2013, they found that the machine became obsolete and could not be used. It was sold for Rs.50,000. There will be _______ a) Capital loss of Rs.1,50,000 b) Revenue loss of Rs.1,00,000 c) Capital loss of Rs.1,00,000 d) Revenue loss of Rs.1,50,000

Answers

Answered by Anonymous

0

option ➡️ d) Revenue loss of Rs.1,50,000

Hope this helps you ☺️☺️✌️✌️❤️❤️

Previous Question

Next Question

Similar questions

Math, 5 months ago

two complementary angles are in the ratio 2.8 find the angles...

World Languages, 5 months ago

एतानि पदानि अव्ययपदान कश्यन्त। एतेषां भिन्न-भिन्न रूपाणि न भवन्ति। एतानि विभिन्न विभक्तिः, वचनेषु, लिहेषु, पुरुषेषु, कालेषु च सर्वदा समानानि एव भवन्ति। एतादृशानि अनेकानि पदानि सन्तिा कानिचित् अत्र लिखितानि सन्ति। पठन्तु लिखन्तु च- किमर्थम् why here there and where how 레 시 썝 셨 where today when tomorrow then yesterday when...

Geography, 5 months ago

20. Which is not a human environment O family O Religion O Educational Industries ...

Accountancy, 10 months ago

Depreciation fund given in the balance sheet is _________ a) Credited to old partners in their old profit sharing ratio b) Debited to old partners in their old profit sharing ratio c) Credited to all partners in the new profit sharing ratio d) not transferred to anywhere...

Accountancy, 10 months ago

Mukesh sold goods to Suresh at an invoice price of Rs. 6,00,000 at cost plus 25%. 1/4th of the goods are lost in transit. Insurance claim of Rs.72,000 is received. What is the amount of abnormal loss to be debited to P & L a/c? a) Rs.1,20,000 b) Rs.48,000 c) Rs.72,000 d) Rs.1,50,000...

Math, 11 months ago

what is 1-1 correspondence in maths...

Math, 11 months ago

in 3 table how much =147...

Art, 11 months ago

how to make a paper pen box...