Question

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A company had a balance of Rs. 4,0.5000 on
January 2018 in its machinery account, 18%
per annum depreciation was
changed by
dimin
nishing balance method on the 1st July, 2018 the
Company
part of the machinery for Rs.
87,500 (which was purchased on
January 2016
for Rs. 1.20,000) and on the same date
company rechared
a new machinery for Rs.
of the company decided to adopt the fixed
instalment method of as per A5-10
CRevised) instead of diminishing balance method
rate of depreciation siemaining the same.
Prepare machinery account in the books of the
company for the
for the year of ended 2018,
2.50.000​

Answer 1

2,490,480 it's the answer

Explanation:

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