Question

On 1st April 2012, Banglore Silk Ltd. purchased a machinery for Rs. 20,00,000. It provides depreciation at 10% p.a. on the original cost Method and closes its books on 31st March every year. On 1st July 2014, a part of the machinery purchased on 1st April 2012 for Rs. 4,00,000 was sold for Rs. 3,20,000. On 1st November 2014, a new machinery was purchased for Rs. 4,80,000. You are required to prepare Machinery Account for three years ending 31st March 2015.
Question from All Brainly community......specially commerce students..........(Hint or advice : G.o.ogle has these question in written down method... so g.oog.le have not answer of these) .................​

Answer 1

Answer:

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