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Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following information and answer the questions that follow:Following are the opening and closing balances of Jayesh Ltd.:Additional information: During the year :(a) Depreciation charged on Plant and Machinery was ₹ 36,000.(b) A machine having a book value of ₹ 20,000 was sold for ₹ 16,000.(c) Patents having a book value of ₹ 80,000 were sold for ₹ 1,10,000.Q. What amount of Sales proceeds of Plant and Machinery will be added/subtracted?a)₹20,000 addedb)₹20,000 subtractedc)₹16,000 addedd)₹16,000 subtractedCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.