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One machine whose value in books as on 1st April stood at Rs. 12,000 was disposed off on 31 Dec. for Rs. 8,750 in part exchange for a new machine costing Rs. 19,000 and an invoice for the net amount of Rs. 10,250 was entered in books. No depreciation need be provided on machinery disposed off during the year. what would be rectifying entry? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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One machine whose value in books as on 1st April stood at Rs. 12,000 was disposed off on 31 Dec. for Rs. 8,750 in part exchange for a new machine costing Rs. 19,000 and an invoice for the net amount of Rs. 10,250 was entered in books. No depreciation need be provided on machinery disposed off during the year. what would be rectifying entry?, a detailed solution for One machine whose value in books as on 1st April stood at Rs. 12,000 was disposed off on 31 Dec. for Rs. 8,750 in part exchange for a new machine costing Rs. 19,000 and an invoice for the net amount of Rs. 10,250 was entered in books. No depreciation need be provided on machinery disposed off during the year. what would be rectifying entry? has been provided alongside types of One machine whose value in books as on 1st April stood at Rs. 12,000 was disposed off on 31 Dec. for Rs. 8,750 in part exchange for a new machine costing Rs. 19,000 and an invoice for the net amount of Rs. 10,250 was entered in books. No depreciation need be provided on machinery disposed off during the year. what would be rectifying entry? theory, EduRev gives you an
ample number of questions to practice One machine whose value in books as on 1st April stood at Rs. 12,000 was disposed off on 31 Dec. for Rs. 8,750 in part exchange for a new machine costing Rs. 19,000 and an invoice for the net amount of Rs. 10,250 was entered in books. No depreciation need be provided on machinery disposed off during the year. what would be rectifying entry? tests, examples and also practice CA Foundation tests.