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A new machine of rs 240000 was purchased from machines tools ltd delhi in exchange of an old machine valued at rs50000 he gave a cheque of rs100000 from firs account?
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A new machine of rs 240000 was purchased from machines tools ltd delhi...
Details of machine purchase from Machines Tools Ltd Delhi
- A new machine worth Rs. 240,000 was purchased from Machines Tools Ltd Delhi.
- The old machine was given as an exchange that was valued at Rs. 50,000.
Payment Details
- A cheque of Rs. 100,000 was given from the first account to Machines Tools Ltd Delhi.
Explanation
The total cost of the new machine was Rs. 240,000, but the old machine was given as an exchange, which was valued at Rs. 50,000. Therefore, the net cost of the new machine was Rs. 190,000.
To pay for the new machine, a cheque of Rs. 100,000 was given from the first account, which means that the remaining amount of Rs. 90,000 would be paid through other means.
Conclusion
In conclusion, a new machine was purchased from Machines Tools Ltd Delhi at a net cost of Rs. 190,000, which was paid through an exchange of an old machine valued at Rs. 50,000 and a cheque of Rs. 100,000 from the first account.
- A new machine worth Rs. 240,000 was purchased from Machines Tools Ltd Delhi.
- The old machine was given as an exchange that was valued at Rs. 50,000.
Payment Details
- A cheque of Rs. 100,000 was given from the first account to Machines Tools Ltd Delhi.
Explanation
The total cost of the new machine was Rs. 240,000, but the old machine was given as an exchange, which was valued at Rs. 50,000. Therefore, the net cost of the new machine was Rs. 190,000.
To pay for the new machine, a cheque of Rs. 100,000 was given from the first account, which means that the remaining amount of Rs. 90,000 would be paid through other means.
Conclusion
In conclusion, a new machine was purchased from Machines Tools Ltd Delhi at a net cost of Rs. 190,000, which was paid through an exchange of an old machine valued at Rs. 50,000 and a cheque of Rs. 100,000 from the first account.
Community Answer
A new machine of rs 240000 was purchased from machines tools ltd delhi...
Machine a/c dr. 240000
to machine tools ltd 90000
to machine a/c. 50000
to bank a/c. 100000
to machine tools ltd 90000
to machine a/c. 50000
to bank a/c. 100000
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A new machine of rs 240000 was purchased from machines tools ltd delhi in exchange of an old machine valued at rs50000 he gave a cheque of rs100000 from firs account?
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A new machine of rs 240000 was purchased from machines tools ltd delhi in exchange of an old machine valued at rs50000 he gave a cheque of rs100000 from firs account? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A new machine of rs 240000 was purchased from machines tools ltd delhi in exchange of an old machine valued at rs50000 he gave a cheque of rs100000 from firs account? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A new machine of rs 240000 was purchased from machines tools ltd delhi in exchange of an old machine valued at rs50000 he gave a cheque of rs100000 from firs account?.
A new machine of rs 240000 was purchased from machines tools ltd delhi in exchange of an old machine valued at rs50000 he gave a cheque of rs100000 from firs account? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A new machine of rs 240000 was purchased from machines tools ltd delhi in exchange of an old machine valued at rs50000 he gave a cheque of rs100000 from firs account? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A new machine of rs 240000 was purchased from machines tools ltd delhi in exchange of an old machine valued at rs50000 he gave a cheque of rs100000 from firs account?.
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