Question

ramesh purchased a mechary for rs 10000 on 1st January 2006 it is deprecated at 10% pa on strogiht line method at the end of the. thind year it was sold for rs 8000 praper machiny account for 3 year asseming that the account are account are closed on 31st December every year​

Answer 1

Answer:

Bro, avoid spelling mistakes....

here is your answer

explanation:.

Dr. machinery a/c. cr.

Date. particulars. amt. | Date. particulars. amt.

|

1/1 /2006 To cash a/c. 10000 |31/12/06 By depreci. 1000

_____|. 31/12. By bal c/d. 9000

10000|. 10000

_____. ---------

1/1/07 To bal b/d 9000 | 31/12/07 By depreci. 1000

------- | By bal c/d. 8000

9000 |. 9000

---------|. ---------

1/1/08. To bal b/d. 8000. |. 31/12/08 By depre. 1000

To p&l a/c. 1000. |. By cash a/c. 8000

-------- |. ---------

9000 |. 9000

____________________________________________

Depreciation is 10000×10 %= 1000