on 1st April 2003 a firm purchased a machinery for 200000 .on 1st October in The same accounting Year additional machinery costing 100000 Was purchased. on 1st October 2004 the machinery purchased on 1st April 2003 having become obsolete, was sold off for 90,000.on 1st October 2005 new machinery was purchased for 250000 while The machinery purchased on 1st October 2003 was sold for 85000 on The same year. The firm provides depreciation on its machinery @ 10% per annum on original cost on 31st March every year. is question ka answer
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