Advertisement
Question No 08 Chapter No 12 08.Bhushan & Company purchased a Machinery on 1st April, 2015, for 54,000 and spent 6,000 on its installation. On 1st December, 2016, it purchased another machine for 30,000.On 30th June 2017, the first machine Read More …
Question No 07 Chapter No 12 07. On 1st January 2016 a Ltd. Purchased a machine for 2,40,000 and spent 10,000 on its erection. On 1st July 2016 an additional machinery costing 1,00,000 was purchased. On 1st July 2018 the Read More …
Question No 06 Chapter No 12 06. A company purchased on 1st July 2015 machinery costing 30,000. it purchases further machinery on 1st January 2016 costing 20,000 and on 1st October 2016 costing 10,000. on 1st April 2017, the machinery Read More …
Question No 05 Chapter No 12 05. On 1st January 2016, a company purchased a plant for 3,00,000 Depreciation is charged 20% p.a. on the original cost each year. On 30th November 2018, the plant is sold for 1,00,000. prepare Read More …
Question No 04 Chapter No 12 04. A company purchased a plant for 2,00,000 on 1st April 2016.it further spent 10,000 on its installation.it was brought in use from 1st August 2016 Depreciation is written off at 10% p.a. on Read More …
Question No 03 Chapter No 12 03. Chandra Ltd. purchased a second-hand machine for 8,000 plus CGST and SGST @ 6% each on 1st July, 2015. They spent 3,500 on its overhaul and installation.Depreciation is written off 10% p.a. on Read More …
Question No 02 Chapter No 12 02.On 1st April, 2015, a Company bought Plant and Machinery costing 68,000. It is estimated that its working life is 10 years, at the end of which it will fetch 8,000. Additions are made Read More …
Question No 01 Chapter No 12 1. On 1st April, 2015, a limited company purchased a Machine for 1,90,000 and spent 10,000 on its installation. At the date of purchase, it was estimated that the scrap value of the machine Read More …
Advertisement