Open T shape account for Machinery and write the following on the proper side. Machinery purchased for ₹ 5,00,000
Open T shape account for Machinery and write the following on the proper side:
S.N | Particulars | ₹ |
1 | Machinery purchased for | 5,00,000 |
2 | Machinery Sold | 1,20,000 |
3 | Machinery Discarded | 50,000 |
4 | New Machinery Purchased | 2,00,000 |
5 | Machinery destroyed | 40,000 |
[Ans. Debit side 1, 4; Credit Side 2, 3, 5]
Anurag Pathak Answered question June 5, 2024