* MUS Suba Pharmaceuticals has imported a machine on tu Jaly, 2013 for 1,60.000, paid customs duty
and freight 80,000 and incurred cretin charges (60.000. Another local machinery costing M000 was purchased on January 1. 2014, On Ist July 2015 a portion of the imported machinery are one third) got out of order and wa sold for 34 s00. Another machinery was purchased to replace the same for 50.000, Depreciation is to be calculated at 20% pa on atraight line method Show Machinery Account for 2013, 2014
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1
is that 1,60,000
80,000
60,000
50,000 it is 50 rupees not fifty thousand
plz check it once
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5
Answer:
loss on sale = ₹25200
balance in machinery account = ₹205000
Explanation:
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