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A Limited had purchased a machinery for ₹1,00,000 on April 1,2017.The useful life was 5 years.On April 1,2019,asset was revalued to 1,50,000. Prepare relevant accounts for the financial year 2019-20 if (a) depreciation is charged to asset account (b) separate provision for depreciation account is maintained? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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A Limited had purchased a machinery for ₹1,00,000 on April 1,2017.The useful life was 5 years.On April 1,2019,asset was revalued to 1,50,000. Prepare relevant accounts for the financial year 2019-20 if (a) depreciation is charged to asset account (b) separate provision for depreciation account is maintained?, a detailed solution for A Limited had purchased a machinery for ₹1,00,000 on April 1,2017.The useful life was 5 years.On April 1,2019,asset was revalued to 1,50,000. Prepare relevant accounts for the financial year 2019-20 if (a) depreciation is charged to asset account (b) separate provision for depreciation account is maintained? has been provided alongside types of A Limited had purchased a machinery for ₹1,00,000 on April 1,2017.The useful life was 5 years.On April 1,2019,asset was revalued to 1,50,000. Prepare relevant accounts for the financial year 2019-20 if (a) depreciation is charged to asset account (b) separate provision for depreciation account is maintained? theory, EduRev gives you an
ample number of questions to practice A Limited had purchased a machinery for ₹1,00,000 on April 1,2017.The useful life was 5 years.On April 1,2019,asset was revalued to 1,50,000. Prepare relevant accounts for the financial year 2019-20 if (a) depreciation is charged to asset account (b) separate provision for depreciation account is maintained? tests, examples and also practice CA Foundation tests.