A machinery was purchased for 10,000 on 15 April 2012 by Ashary Rasool

1.	A machinery was purchased for 10,000 on 15 April 2012 by Ashary Rasool. It was decidedto depreciate it at the rate of 10% p.a. on original cost method. On 1" October, 2013, anothermachinery was purchased for 20,000. On 1" April, 2014, the machinery bought on 14April, 2012 was sold for 8,500.Prepare Machinery Account for three years assuming that the books are closed on 3141March each year.
Answer» ANSWER: sorry I am in *BIO* science *BATCH*

A machinery was purchased for 10,000 on 15 April 2012 by Ashary Rasool. It was decidedto depreciate it at the rate of 10% p.a. on original cost method. On 1" October, 2013, anothermachinery was purchased for 20,000. On 1" April, 2014, the machinery bought on 14April, 2012 was sold for 8,500.Prepare Machinery Account for three years assuming that the books are closed on 3141March each year.

Answer»

ANSWER:

sorry I am in BIO science BATCH

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