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Z company purchased machinery of Rs.50000 on
1st oct, 2016 In purchased additional machinery of Rs. 10000 on 1st April,2017.On 31st December,2018 the machinery which was purchased on 1st April,2017 was sold out of Rs.8000 and on the same date new machinery was purchased for 15000.
Depreciation charge at 8. p.a. Show machinery
& Depreciation account for 3 years by
using WD method....(Depreciation)...
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Explanation:
Machinery A/c
Date particular amt date particular amt
1/10/16 To Bank a/c 50000
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