Accountancy, asked by bkganeshram, 4 months ago

Mani &Co. purchased two machines of Rs. 1, 05,000 each on Hire purchase system. The company writes off depreciation at 10% per annum under WDV method. The Company could not pay the second instalment. The vendor left one machine with the company adjusting the value of the other against the due taking the machine at 20% depreciation under WDV. Compute the value of one machine left with the buyer.

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Answered by ashish5669

1

Answer:

machines of Rs. 1, 05,000 each on Hire purchase system

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