Question

P Ltd., had on 1.04.2019, ₹9,72,000 in Machinery A/c. On 1.06.2019, part of machinery purchased on 1.04.2018, for ₹60,000, was sold at a loss of ₹3,100. On the same date new machinery for ₹85,000 was purchased and installed, with installation costs being ₹5,000. Show the Machinery A/c for the year 2019-20, following WDV method of depreciation at 10%, taking Year End as 31 ST March.

Answer 1

Answer:

5000at the profit your anwser