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An old machine with the book value of rupees 80000 is exchanged is exchanged for a new machine of rupees 240000 for stop the all machine is valued at rupees 50000 for exchange purpose by machine tools limited.?
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An old machine with the book value of rupees 80000 is exchanged is exc...
Explanation:
- Book Value: The old machine has a book value of Rs. 80,000.
- Exchange: The old machine is exchanged for a new machine worth Rs. 2,40,000.
- Valuation: The total value of both machines is Rs. 3,20,000 (Rs. 80,000 + Rs. 2,40,000).
- Exchange Price: The exchange price of the old machine is Rs. 50,000.
- Calculation: The exchange price of the old machine is deducted from the total value of both machines which leaves a balance of Rs. 2,70,000 (Rs. 3,20,000 - Rs. 50,000).
- New Asset: The new machine is worth Rs. 2,40,000 which is less than the balance of Rs. 2,70,000.
- Cash Received: Machine Tools Limited receives Rs. 30,000 in cash (Rs. 2,70,000 - Rs. 2,40,000).
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An old machine with the book value of rupees 80000 is exchanged is exchanged for a new machine of rupees 240000 for stop the all machine is valued at rupees 50000 for exchange purpose by machine tools limited.?
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An old machine with the book value of rupees 80000 is exchanged is exchanged for a new machine of rupees 240000 for stop the all machine is valued at rupees 50000 for exchange purpose by machine tools limited.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about An old machine with the book value of rupees 80000 is exchanged is exchanged for a new machine of rupees 240000 for stop the all machine is valued at rupees 50000 for exchange purpose by machine tools limited.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An old machine with the book value of rupees 80000 is exchanged is exchanged for a new machine of rupees 240000 for stop the all machine is valued at rupees 50000 for exchange purpose by machine tools limited.?.
An old machine with the book value of rupees 80000 is exchanged is exchanged for a new machine of rupees 240000 for stop the all machine is valued at rupees 50000 for exchange purpose by machine tools limited.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about An old machine with the book value of rupees 80000 is exchanged is exchanged for a new machine of rupees 240000 for stop the all machine is valued at rupees 50000 for exchange purpose by machine tools limited.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An old machine with the book value of rupees 80000 is exchanged is exchanged for a new machine of rupees 240000 for stop the all machine is valued at rupees 50000 for exchange purpose by machine tools limited.?.
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