A Ltd. purchased the following machines On 1st April, 2020 ₹ 40,000 On 1st October, 2020 ₹ 20,000 On 1st January, 2021 ₹ 10,000
A Ltd. purchased the following machines:
Depreciation was provided @ 10% p.a. under Written Down Value Method (Diminishing Balance Method). The machine purchased on 1st October, 2020 was sold on 30th June, 2021 at ₹ 15,000.
Show necessary Ledger Account in the books of A Ltd. if accounts are closed on 31st March every year.
| On 1st April, 2020 On 1st October, 2020 On 1st January, 2021 | ₹ 40,000 ₹ 20,000 ₹ 10,000 |
Anurag Pathak Changed status to publish October 24, 2023
