Q3. On 1st january 2006, A Ltd. purchased a machine for Rs.2,40,000 and spent Rs.10,000 on its erection. On 1st july 2006 an additional machinery costing Rs.1,00,000 was purchased. On 1st July 2008, the machine purchased on 1st january 2006 was sold for Rs.1,43,000 and on the same date, a new machinery was purchased at a cost of Rs. 2,00,000. Show the Machinery Account for the first Four calender years after charging depreciation at 5% by Straight Line Method.
if i were in eleventh, i would definately have helped uh!
but sorry i can't...bcoz m in ninth! :) :)