method. The dulu
(Ans: Balance of Machinery account ? 14,000)
two years. The accounting year ends on 31st March.
31-3-2019 * 24,000 ]
A printing machine was purchased from Germany on 1-4-2016. The cost price of
to * 2.000. Calculate depreciation for the first three years separately for each year
the machine in Indian currency is 23.000. Shipping and forwarding charges
@ 10% on fixed instalment method and show the Machinery account for the first
amounted to 1.000, import duty 7 4,000 and expenses of installation amounted
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