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Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal?.

Solutions for Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal? defined & explained in the simplest way possible. Besides giving the explanation of Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal?, a detailed solution for Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal? has been provided alongside types of Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal? theory, EduRev gives you an ample number of questions to practice Steve maintains his books of accounts on calendar year basis. He purchased a machine on 01.01.2019 for ₹ 40,000. He purchased another machine on 1st October 2019 for ₹ 20,000 and on 1st July 2020 for ₹ 10,000. On 1st July 2021, 1/4th of the machine installed on 01.01.2019 became obsolete and was sold for ₹ 6,800. Show the machine account in the books of Steve for all the 3 years under fixed installment method of charging depreciation at 10% p.a. (Ans: Closing balance: ₹ 45, ₹ 700) 4. On 1st April, 2021, Sohan Lal? tests, examples and also practice CA Foundation tests.