Accountancy, asked by csanyal7899, 10 months ago

Startech Ltd. acquired a machine on 1 st October 2015 at a cost of Rs.60,00,000. It charges depreciation on straight line method at the rate of 12% every year. The company purchased a new machine worth Rs.15,00,000 on 1st April 2017. Show the Machinery Account and Depreciation Account for the year ending 31st March 2016, 2017 and 2018.

Answers

Answered by VaishnaviMohan

2

Answer:

On 1st April, 2015, X Ltd. purchased a machine costing ₹ 4, 00,000 and spent ₹ 50,000

Explanation:

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