Question

Using the to information prepare machinery account for first there years in books of Krishna traders Oct 1 2017 purchased a new machinery for 300000 Jan 1 2018 purchased another machinery for 450000 Sep 30 25000 were spent on repair of first machinery Jan 1 2019 an important component added to second machinery to improve its efficiency . Cost of component was 60000 Sep 30 2019 some fault in first machine and as a result it was exchanged for a new machine. The machine was taken by supplier at 30% less than the book value . The new machine was purchased for 520000. Depreciation is charged @10% p.a. on 31st March every year on written down value method​

Answer 1

Answer:

hii you are from which standard

Answer 2

Explanation:

Sorry I don't know I can't help you