Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.5k views
in Accounts by (45.0k points)
closed by

Netra enterprises purchased a Machinery on 1st January, 2010 for Rs. 1,50,000 and spent Rs. 10,000 on its erection. Show the Machinery account for three years, if the accounts are closed on 31st December every year. The depreciation is to be charged @10% p.a. on original cost method.

1 Answer

+1 vote
by (45.7k points)
selected by
 
Best answer

Machinery Account

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...