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A company whos accounting year is a financial year, purchased on 1 july , 2016 machinery costing rs 90 000 . it purchased further machinery on 1 jan , 2017 costing rs 60 000 and on 1 oct , 2017 costing 30000 . On 1 april , 2018 one third of the machine installed on 1 july , 2016 became obsolete and was sold for rs 90 000. Show how machinery account would appear in the books of company for 3 years ending 31 march ,2019 if depreciation is charged by 15% p.a. on diminishing balance method? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared
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Here you can find the meaning of A company whos accounting year is a financial year, purchased on 1 july , 2016 machinery costing rs 90 000 . it purchased further machinery on 1 jan , 2017 costing rs 60 000 and on 1 oct , 2017 costing 30000 . On 1 april , 2018 one third of the machine installed on 1 july , 2016 became obsolete and was sold for rs 90 000. Show how machinery account would appear in the books of company for 3 years ending 31 march ,2019 if depreciation is charged by 15% p.a. on diminishing balance method? defined & explained in the simplest way possible. Besides giving the explanation of
A company whos accounting year is a financial year, purchased on 1 july , 2016 machinery costing rs 90 000 . it purchased further machinery on 1 jan , 2017 costing rs 60 000 and on 1 oct , 2017 costing 30000 . On 1 april , 2018 one third of the machine installed on 1 july , 2016 became obsolete and was sold for rs 90 000. Show how machinery account would appear in the books of company for 3 years ending 31 march ,2019 if depreciation is charged by 15% p.a. on diminishing balance method?, a detailed solution for A company whos accounting year is a financial year, purchased on 1 july , 2016 machinery costing rs 90 000 . it purchased further machinery on 1 jan , 2017 costing rs 60 000 and on 1 oct , 2017 costing 30000 . On 1 april , 2018 one third of the machine installed on 1 july , 2016 became obsolete and was sold for rs 90 000. Show how machinery account would appear in the books of company for 3 years ending 31 march ,2019 if depreciation is charged by 15% p.a. on diminishing balance method? has been provided alongside types of A company whos accounting year is a financial year, purchased on 1 july , 2016 machinery costing rs 90 000 . it purchased further machinery on 1 jan , 2017 costing rs 60 000 and on 1 oct , 2017 costing 30000 . On 1 april , 2018 one third of the machine installed on 1 july , 2016 became obsolete and was sold for rs 90 000. Show how machinery account would appear in the books of company for 3 years ending 31 march ,2019 if depreciation is charged by 15% p.a. on diminishing balance method? theory, EduRev gives you an
ample number of questions to practice A company whos accounting year is a financial year, purchased on 1 july , 2016 machinery costing rs 90 000 . it purchased further machinery on 1 jan , 2017 costing rs 60 000 and on 1 oct , 2017 costing 30000 . On 1 april , 2018 one third of the machine installed on 1 july , 2016 became obsolete and was sold for rs 90 000. Show how machinery account would appear in the books of company for 3 years ending 31 march ,2019 if depreciation is charged by 15% p.a. on diminishing balance method? tests, examples and also practice Commerce tests.