Question

What will be the depreciation in the above sum?

Answer 1

Explanation:

On 30/9/1 one fourth of the machinery purchased on 1st Jan -2001 was sold for ₹ 13500/-

On 30/06/02 another one fourth of machinery bought in 1/1/01 was sold for ₹ 13350/-

These are the depreciation A/C

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