Accountancy, asked by gourangadas7436, 3 days ago

The balance of asset account on 1-4-2020 was Rs. 9,00,000 which was sent to the branch on 1-10-2019. On 31-12-2020 the asset was sold for 20% profit on sale price. The depreciation was charged on asset at 20% by straight line method. What will be selling price

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Answered by satyam21461

The balance of asset account on 1-4-2020 was Rs. 9,00,000 which was sent to the branch on 1-10-2019. On 31-12-2020 the asset was sold for 20% profit on sale price. The depreciation was charged on asset at 20% by straight line method. What will be selling price?

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