Question

on 1st July, 2015; Rahul purchased a machinery of Rs 40,00,000; On 1st Jan, 2017; he
purchased another machine of Rs 20,00,000; Charge Depreciation @ 10% per annum by
Straight Line Method. On 30th Sep, 2017, he sold the first machine at a profit of
Rs 50,000. On 1st April, 2018; he purchased a new machine at Rs 80, 00,000. Prepare
Machinery Alc & Depreciation Till 31st March, 2019.
[6]​

Answer 1

Explanation:

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