Question

M/s Satyam Enterprises acquired a printing machine for ₹ 40,000 on July 1, 2008 and spent
₹ 5,000 on its transport and installation. Another machine for ₹ 35,000 was purchased on
January 1, 2010. Depreciation is charged at the rate of 20% on written down value method.
Prepare Printing Machine Account for the years ended on March 31, 2008, 2009, 2010 and 2011.
(N.C.E.R.T.)
​

Answer 1

Answer:

Printing Machine Account for the years ended on March 31, 2008, 2009, 2010 and 2011.

40000+5000=45000-20%=36000

35000-20%=28000