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M/s Gupta Brothers purchased on 1st January, 2015 a Machinery for ` 2,00,000. On 1st July, 2015 an additional Machinery was purchased for ` 1,00,000. On 1st July, 2016, the Machinery purchased on 1st January, 2015 became obsolete and was sold for ` 80,000. Depreciation is charged @ 10% per annum on the original cost on 31st December each year. Prepare (1) Machinery Account, (2) Machinery Disposal Account and (3) Provision for Depreciation Account for the years 2015 and 2016.? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared
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the Class 11 exam syllabus. Information about M/s Gupta Brothers purchased on 1st January, 2015 a Machinery for ` 2,00,000. On 1st July, 2015 an additional Machinery was purchased for ` 1,00,000. On 1st July, 2016, the Machinery purchased on 1st January, 2015 became obsolete and was sold for ` 80,000. Depreciation is charged @ 10% per annum on the original cost on 31st December each year. Prepare (1) Machinery Account, (2) Machinery Disposal Account and (3) Provision for Depreciation Account for the years 2015 and 2016.? covers all topics & solutions for Class 11 2024 Exam.
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Here you can find the meaning of M/s Gupta Brothers purchased on 1st January, 2015 a Machinery for ` 2,00,000. On 1st July, 2015 an additional Machinery was purchased for ` 1,00,000. On 1st July, 2016, the Machinery purchased on 1st January, 2015 became obsolete and was sold for ` 80,000. Depreciation is charged @ 10% per annum on the original cost on 31st December each year. Prepare (1) Machinery Account, (2) Machinery Disposal Account and (3) Provision for Depreciation Account for the years 2015 and 2016.? defined & explained in the simplest way possible. Besides giving the explanation of
M/s Gupta Brothers purchased on 1st January, 2015 a Machinery for ` 2,00,000. On 1st July, 2015 an additional Machinery was purchased for ` 1,00,000. On 1st July, 2016, the Machinery purchased on 1st January, 2015 became obsolete and was sold for ` 80,000. Depreciation is charged @ 10% per annum on the original cost on 31st December each year. Prepare (1) Machinery Account, (2) Machinery Disposal Account and (3) Provision for Depreciation Account for the years 2015 and 2016.?, a detailed solution for M/s Gupta Brothers purchased on 1st January, 2015 a Machinery for ` 2,00,000. On 1st July, 2015 an additional Machinery was purchased for ` 1,00,000. On 1st July, 2016, the Machinery purchased on 1st January, 2015 became obsolete and was sold for ` 80,000. Depreciation is charged @ 10% per annum on the original cost on 31st December each year. Prepare (1) Machinery Account, (2) Machinery Disposal Account and (3) Provision for Depreciation Account for the years 2015 and 2016.? has been provided alongside types of M/s Gupta Brothers purchased on 1st January, 2015 a Machinery for ` 2,00,000. On 1st July, 2015 an additional Machinery was purchased for ` 1,00,000. On 1st July, 2016, the Machinery purchased on 1st January, 2015 became obsolete and was sold for ` 80,000. Depreciation is charged @ 10% per annum on the original cost on 31st December each year. Prepare (1) Machinery Account, (2) Machinery Disposal Account and (3) Provision for Depreciation Account for the years 2015 and 2016.? theory, EduRev gives you an
ample number of questions to practice M/s Gupta Brothers purchased on 1st January, 2015 a Machinery for ` 2,00,000. On 1st July, 2015 an additional Machinery was purchased for ` 1,00,000. On 1st July, 2016, the Machinery purchased on 1st January, 2015 became obsolete and was sold for ` 80,000. Depreciation is charged @ 10% per annum on the original cost on 31st December each year. Prepare (1) Machinery Account, (2) Machinery Disposal Account and (3) Provision for Depreciation Account for the years 2015 and 2016.? tests, examples and also practice Class 11 tests.