Question

on 1st January 2020 2 machines were purchased 50000 each on 1st July 2010 another machine were purchased for 100000 on 30th jun 2011 one machine was purchased on 1st January 2010 was sold for 30000. charged depreciation 10% under staright line method .year ends on 31st December every year​

Answer 1

Explanation:

on 1st January 2020 2 machines were purchased 50000 each on 1st July 2010 another machine were purchased for 100000 on 30th jun 2011 one machine was purchased on 1st January 2010 was sold for 30000. charged depreciation 10% under staright line method .year ends on 31st December every year