Following is the extract of Trial Balance as at 31st March, 2025: Machinery ₹ 8,00,000
Following is the extract of Trial Balance as at 31st March, 2025:
Additional Information: Machinery includes a machinery purchased on 1st July, 2024 for ₹ 3,00,000. Depreciate machinery @ 10% p.a.
Calculate the amount of depreciation to be charged on Machinery.
[Ans.: Depreciation = ₹ 72,500.]
| Heads of Accounts | Dr. (₹) | Cr. (₹) |
| Machinery | 8,00,000 | — |
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