Purchased an old machinery for Rs. 50,000 and spent Rs. 2,000 on it's carriage and Rs. 10,000 on it's immediate repairs. Machinery Account will be debited by
Answers
Money spent on carriage = ₹2000
Money spent on immediate repairs = ₹10000
Machinery account debited = 50000+2000+10000
=₹62000
Answer:
Machinery Account will be debited is 62,000.
Explanation:
GIVEN-
1) Purchased an old machinery for Rs. 50,000
2) spent Rs. 2,000 on it's carriage
3) spent 10,000 on its immediate repairs
TO FIND- Machinery Account will be debited
SOLUTION -
Amount of Purchased an old machinery= 50,000
Amount spent on its carriage = 2,000
Amount spent on its immediate repairs= 10,000
Total amount spent on its repairs is = 10,000+2,000 = 12 ,000
Total amount will be debited = 50,000+2,000+10,000= 62 ,000
In total amount we added all the repairs in this question there are two types of repairs which is carriage and the other is immediate repairs . so the total amount will be 62,000 . it is important that we should know about that which term will be added and which will be not so for that we should learn basic rules which is important.
FINAL ANSWER - Machinery Account will be debited is 62,000.
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