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Rajesh purchased a second hand machine for 18000 on 1st april,2010. He spent 2000 on its overhaul and installation. Depreciation is written off at 10 percent per annum on the original cost. On 30th June 2013 the machine was found to be unsuitable and sold for 4000 prepare the Machine account from 2010 to 2013 assuming that the account are closed on 31st December every year. Related: ICAI Notes 5 - Depreciation Accounting (Part - 1)? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Rajesh purchased a second hand machine for 18000 on 1st april,2010. He spent 2000 on its overhaul and installation. Depreciation is written off at 10 percent per annum on the original cost. On 30th June 2013 the machine was found to be unsuitable and sold for 4000 prepare the Machine account from 2010 to 2013 assuming that the account are closed on 31st December every year. Related: ICAI Notes 5 - Depreciation Accounting (Part - 1)? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rajesh purchased a second hand machine for 18000 on 1st april,2010. He spent 2000 on its overhaul and installation. Depreciation is written off at 10 percent per annum on the original cost. On 30th June 2013 the machine was found to be unsuitable and sold for 4000 prepare the Machine account from 2010 to 2013 assuming that the account are closed on 31st December every year. Related: ICAI Notes 5 - Depreciation Accounting (Part - 1)?.

Solutions for Rajesh purchased a second hand machine for 18000 on 1st april,2010. He spent 2000 on its overhaul and installation. Depreciation is written off at 10 percent per annum on the original cost. On 30th June 2013 the machine was found to be unsuitable and sold for 4000 prepare the Machine account from 2010 to 2013 assuming that the account are closed on 31st December every year. Related: ICAI Notes 5 - Depreciation Accounting (Part - 1)? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

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