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1/4/18 - machinery A/c - balance - 80,000 Provision for depreciation A/c - 36000. On 1/4/18 - they sold a machinery for ₹10,000 , paid 11% brokerage on it.This machinery was purchased in april 2014. Charge depreciation @10% p.a by FIM method .prepare machinery account and provision for depreciation A/c?
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1/4/18 - machinery A/c - balance - 80,000 Provision for depreciation A/c - 36000. On 1/4/18 - they sold a machinery for ₹10,000 , paid 11% brokerage on it.This machinery was purchased in april 2014. Charge depreciation @10% p.a by FIM method .prepare machinery account and provision for depreciation A/c?
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