Accountancy, asked by shivamdalal3215, 19 days ago

year. A ltd. purchased a machine for Rs 5,00,000 on 1st April, 2012. On 1st January, 2015 machine was a sold for Rs 2,85,000, accounts are closed on 31st March every year. Calculate amount of Profit or Loss at the time of sale, if depreciation is charged at 10% p.a. by straight line method. ?​

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Answered by taesugk
1

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