Plzz answer 4 fast
Plzz answer 4 fast , Apnl. 2000. a and
made on I April. 2010 to the
the
Machinery account the years. it
0"" to stratght Method.
of Plant and Machinery
Chandra purchased a second-hand machine for 0.000 on 1st July.
on its overhaul and installation. Depreciation is written off
original cost. on 30th September. 2012, the machine was found to be
and sold tor t6,500. Prepare the Machinery A/c for four years assuming
Loss on sale of Machine 1,262.]
Q. 4. .4 Ltd. purchased a machine for on 1st April, 2012. Further
made on 1st October 2012 and on 1st July 2013 for and
respectively. On 1st January, 2015, 1st machine was sold for t and
machine "as purchased tor
prepare Machine A/c for three years ending 3 1st March, 201 5 if depreciation is to
10% p.a. on straight line basis.
(Delhi, 2016)
Loss on sale e 77,500; Balance of Machine A/c on 31st March. 2015,
Q. 5. On 1st January, 2006, A Ltd. Purchased a machine for and spent
on its erection. On 1st July, 2006 an additional machinery costing
purchased. On 1st July, 2008 the machine purchased on 1st January, 2006 was
for and on the same date, a new machine was purchased at a cost of
"-nooo.
Show the Machinery Account for the first three calendar years after charging
(Krs. 2012)
.eciation at 5% by' the Straight Line Method.
[Ans. Loss on Sale Of Machinery e 75,750; Balance of Machinery Account
'282500.]
Calendar year indicates that the accounts are closed on 31st December every year.
Q. 6. A Company purchased on 1st April, 2009, a machinery for {80,000. On 1st
2010, it purchased another machine for t50,000 and on 1st October, 201 1, it
first machine purchased in 2009 for Depreciation was provided
machinery at the rate of 20% p.a. on the original cost annually.
Give the Machinery Account for four years commencing from 1st April. 2009.
(KV'S 2016)
Loss on sale of machinery 0 7,000; Balance of machinery on 14-2013,
_ Aoril, 2009, for