DEPRECIATION16.55Q. 10. From the following transactions of a concern,

1.	DEPRECIATION16.55Q. 10. From the following transactions of a concern, prepare Machinery Accountfor the year ending 31st March, 2013 :-2012April 1 : Purchased a second-hand machinery for $40,000.April 1 : Spent 10,000 on repairs for making it serviceable.Sept.30 : Purchased additional new machinery for $20,000.Dec. 31 : Repairs and renewals of machinery $2,000.2013March 31 : Depreciate the machinery at 10% p.a.[Ans. Balance of Machinery on 31-3-2013, 264,000.]
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DEPRECIATION16.55Q. 10. From the following transactions of a concern, prepare Machinery Accountfor the year ending 31st March, 2013 :-2012April 1 : Purchased a second-hand machinery for $40,000.April 1 : Spent 10,000 on repairs for making it serviceable.Sept.30 : Purchased additional new machinery for $20,000.Dec. 31 : Repairs and renewals of machinery $2,000.2013March 31 : Depreciate the machinery at 10% p.a.[Ans. Balance of Machinery on 31-3-2013, 264,000.]

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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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