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1. On January 1,2013, a limited company purchases machinery worth of 1,00,000. On July 1, 2014, it buys additional machinery worth 46,000 and spends 4,000 on its erection. Its accounts are closed each year on 30th June. Assuming the annual depreciation to be 10 per cent, show the Machinery Account up to 30th June, 2016, under (a) the straight me method and (b) reducing instalment method.?
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1. On January 1,2013, a limited company purchases machinery worth of 1,00,000. On July 1, 2014, it buys additional machinery worth 46,000 and spends 4,000 on its erection. Its accounts are closed each year on 30th June. Assuming the annual depreciation to be 10 per cent, show the Machinery Account up to 30th June, 2016, under (a) the straight me method and (b) reducing instalment method.?
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1. On January 1,2013, a limited company purchases machinery worth of 1,00,000. On July 1, 2014, it buys additional machinery worth 46,000 and spends 4,000 on its erection. Its accounts are closed each year on 30th June. Assuming the annual depreciation to be 10 per cent, show the Machinery Account up to 30th June, 2016, under (a) the straight me method and (b) reducing instalment method.? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about 1. On January 1,2013, a limited company purchases machinery worth of 1,00,000. On July 1, 2014, it buys additional machinery worth 46,000 and spends 4,000 on its erection. Its accounts are closed each year on 30th June. Assuming the annual depreciation to be 10 per cent, show the Machinery Account up to 30th June, 2016, under (a) the straight me method and (b) reducing instalment method.? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 1. On January 1,2013, a limited company purchases machinery worth of 1,00,000. On July 1, 2014, it buys additional machinery worth 46,000 and spends 4,000 on its erection. Its accounts are closed each year on 30th June. Assuming the annual depreciation to be 10 per cent, show the Machinery Account up to 30th June, 2016, under (a) the straight me method and (b) reducing instalment method.?.
Solutions for 1. On January 1,2013, a limited company purchases machinery worth of 1,00,000. On July 1, 2014, it buys additional machinery worth 46,000 and spends 4,000 on its erection. Its accounts are closed each year on 30th June. Assuming the annual depreciation to be 10 per cent, show the Machinery Account up to 30th June, 2016, under (a) the straight me method and (b) reducing instalment method.? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
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