Question

On 1st April 2012 a machine purchase d for 35000the estimate life of machine is 5year after which is break up value will be 5000prepare machine ry account for first 3year by straight line method assuming the books are closed on31march

Answer 1

Dpp-6000 per/month

To bal. b/d 35000. By dpp. 6000

By bal. 29000

To bal. b/d. 29000. By dpp. 6000

By bal. 23000

To bal. b/d. 23000. By dpp. 6000

By bal. 17000