Question

Rohan Ltd purchased a Machinery on 1 May, 2009 for Rs. 60,000. On 1 July 2010 it purchased
another Machine for Rs. 20,000. On 31" March, 2011 it sold off the first machine purchased in 2009
for Rs. 39,000. Depreciation is provided at 20% on the original cost each year. Accounts are
closed each year on 31" December. Show the Machinery account from 2009 to 2011​

Answer 1

Explanation:

machinery account of rohan ltd.