English, asked by rawatkalpana768, 8 months ago

purchased a second hand machinery​

Answers

Answered by shamakhanrampur
0

Answer:

A second hand machinery was purchased for Rs. 1,00,000 five years ago and was overhauled by carrying out some current repairs at a cost of Rs. 10,000. It has also an accumulated depreciation of Rs. 50,000. It has been disposed of in the beginning of the sixth year for Rs. 60,000.

so there will be no profit or loss....

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