Depreciation Provisions And Reserves, Popular Questions: Karnataka Class 12-commerce ACCOUNTANCY, Accountancy Puc Ii

Sinchana Jayram asked a question

Subject: Accountancy, asked on on 28/4/15

on 1.07.2011 mr.radhakrishna purchased a second hand machineryfor rs.80000 and spent rs.16000 on reconditioning and installingit. on 01.01.2012 he had purchased new machineryworth rs.60000. on 30.06.2013,the machinery which was purchased on 01.02.2012 was sold for rs.48000 and on 01.07.2013 fresh machinery was acquired at a cost rs.64000. he writes off depreciation at 10% on original cost method . the accounts are closed every year on 31st march . show the machinery account and depreciation account for three years ending 31.03.2014

Bhagyapattanashetti asked a question

Subject: Accountancy, asked on on 19/11/15

What is depritation

Namratha asked a question

Subject: Accountancy, asked on on 25/6/15

CAN U EXPLAIN QUESTION 7 AND QUESTION 13 OF MCQ OFCHAPTERWISE TEST ON DEPRECIATION AS I AM NOT ABLE TO UNDERSTAND THOSE QUESTIONS AND ANSWERS.

Shanaya asked a question

Subject: Accountancy, asked on on 20/10/16

the written down value of an asset after charging three years of depreciation based on reducing balance method stood at 36450.rate of dep. is 10% per annum.what will be the original cost of asset?

Jigyasa Verma asked a question

Subject: Accountancy, asked on on 12/12/16

On 1st april 2001 a machine was purchased for rs 200000. On 1st january 2002 second machine was purchased for rs 240000. On 1st july 2003 first machine which was purchased in 1st april 2001 was sold for rs 145000. On 1st october 2003 a new machine was purchased for rs 400000. Depriciation charged is 10% p.a. method is written down value method. Books of the firm is closed on december 31st.

Rahul asked a question

Subject: Accountancy, asked on on 23/2/16

have to qutions

Amruthalakshmi asked a question

Subject: Accountancy, asked on on 23/2/16

how to download model question papers here

Karthik H asked a question

Subject: Accountancy, asked on on 20/12/18

I have doubt this problem there is opening balance of machinery account given and also provision for depreciation please respond how to solve CHAPTER-DEPRECIATION ACCOUNTING

Guruprakash C asked a question

Subject: Accountancy, asked on on 27/9/16

from where did the profit / loss a/c come in the depreciation a/c ledger in the figure shown below

Karthik H asked a question

Subject: Accountancy, asked on on 20/12/18

please give me solution to this problem i m confusing to do this problem i have attached the screen shoot of DEPRECIATION METHOD in that how to calculate opening balance of machinery account on and they are also give provision of depreciation amount

Meghana asked a question

Subject: Accountancy, asked on on 17/5/17

Who to solve the problem of depreciation

Anonymous asked a question

Subject: Accountancy, asked on on 11/7/23

Vani and veena sharing profits and looses in the ratio 3:2 their balance sheet as on 3/3/2017 was as follows:
Liabilities:
Creditors 40000 Reserve 15000 Capital: Vani 60000 Veena 40000 Total 155000
Assets:
Cash at bank 6000 stock 24000 debtors 30000 debtors 30000 furniture 20000 machinery 60000 goodwill 15000 Total 155000
On 01/04/2017, they admit Rani as new partner in the firm on the following terms:
A. Rani is to bring in Rs. 30000 as capital and offer 1/6 th share in future profits.
B. Goodwill of the firm is valued at Rs. 25000
C. Machinery is appreciated by 10 percent and stock is reduced by 10 percent.
D. Furniture is revalued at Rs. 18000 and investment worth Rs. 2000 is not recorded in the books, now it is to be taken into account.
E. PDD is created at 5 percent on debtors.
Prepare: 1. Revaluation account
2. Partner's capital account
3. Bank account
4. New balance sheet of the firm

Pooja asked a question

Subject: Accountancy, asked on on 8/6/16

what is installation ?

Karthik H asked a question

Subject: Accountancy, asked on on 21/12/18

please help me to clarify doubt about this problem i hv sent screenshot

Mahanthesh M N asked a question

Subject: Accountancy, asked on on 4/2/17

What marguee?

Aju asked a question

Subject: Accountancy, asked on on 12/12/17

Sanjay Sanjay and Gopika means a business is the capital of 18000

S. Sushmitha asked a question

Subject: Accountancy, asked on on 18/8/20

mam I can't hear your voice what to do

Durgamaheshwari asked a question

Subject: Accountancy, asked on on 20/4/20

Deerge 2nd semester

K S Tarun Kumar asked a question

Subject: Accountancy, asked on on 18/9/20

2019 business study question paper in Kannada language and key answer please and all

Mohammed Akfan Khatib asked a question

Subject: Accountancy, asked on on 10/6/20

SALARY PAID IS TREATED AS?

Samantha asked a question

Subject: Accountancy, asked on on 3/12/20

Complete the asset disposal

Anjum asked a question

Subject: Accountancy, asked on on 27/8/21

I want the balance sheet