Question

on 1-january giltech co. ltd bought machinery at a cost ₹ 8000 on april-1 2018 additional machinery ₹10000 was purchased write machinery account for the years 2017-2019.tge company does it accounts on 31-december every year and provides depreciation at 15% straight line method​

Answer 1

Answer:31st dec 2017 dep value 1200

31st dec 2018 dep value 2145

31st dec 2019 dep value 2190

Machinery value 1st jan 2020 12465

Explanation: