Question

Plustration 14. A firm whose books are closed on 31st March, purchased machinery
-P 50,000 on 1st April, 2008. Additional machinery was acquired for 20.000 on
April 2009 and for * 28,100 on 30th September, 2012. On 1st April, 2011, a part of
the machinery purchased for 7 20,000 on 1st April, 2008 was sold for 38,000.
are required to write up the Machinery Account for 5 years. Depreciation is written
at 10% on the written down value.
Solution:
2
MACHINERY ACCOUNT​

Answer 1

Answer:

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