Sharma & Co. whose books are closed on 31st March, purchased machinery for ₹ 1,50,000 on 1st April, 2020, additional machinery was acquired for ₹ 50,000 on 1st October, 2020
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Following balances exist in the books of Amrit as on 1st April, 2022 Machinery A/c 60,000 Provision for Depreciation A/c 36,000
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On 1st June, 2019 Popular Ltd. purchased a plant for ₹ 9,00,000. On 1st December, 2021, a part of the plant purchased on 1st June, 2019 for ₹ 1,50,000 was sold for ₹ 60,000
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The following balances appear in the books of Satish Bros. on 1st April, 2022 Machinery Account ₹ 1,00,000 Accumulated Depreciation Account ₹ 36,000
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You are given following balances as on 1st April, 2022 Machinery Account ₹ 12,50,000 Provision for Depreciation Account ₹ 2,90,000
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The following information relates to Tit-Bit & Company’s Machinery Account Balance of Machinery Account as on 1st April, 2022 6,00,000
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A company whose accounting year is the financial year, purchased on 1st July, 2020 machinery costing ₹ 30,000
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M/s P & Q purchased machinery for ₹ 40,000 on 1st October, 2020. Depreciation is provided @ 10% p.a. on the diminishing balance
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Astha Engineering Works purchased a machine on 1st July, 2019 for ₹ 1,80,000 and spent ₹ 20,000 on its installation
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A company purchased machinery for ₹ 50,000 on 1st October, 2020. Another machine costing ₹ 10,000 was purchased on 1st December, 2021
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