Accountancy, asked by FehranKhan, 4 months ago

on 1st April 2016 a firm purchased a machinery for 6,00,000 rupees on 1st October 2016 they decided to purchase another machinery for rupees 3,00,000 .Another machinery was purchased on 1st October 2017 for 7,50,000 and on the same date machinery which was purchased on 1st April 2016 was sold for 2,70,000 and they also sold the second machinery which was purchased on 1st October 2016 for rupees 2,55,000. Depreciation is provided 10% per annum according to straight line method and the accounting year is ended on 31st march you are required to prepare machinery account , Depriciation account and Provision for Depriciation account till April 1 2019​

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Answered by kundan222025
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the answer is in the obove image please check

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