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Q. 12. A Company purchased a second-hand machine on 1st April, 2016, for*30.000 and immediately spent 4,000 on its repair and 31,000 on its installation. OnOct. 1. 2018, the machine was sold for 25,000. Prepare Machine Account aftercharging depreciation @ 10% p.a. by diminishing balance method, assuming that thebooks are closed on 31st March every year. IGST was charged @ 12% on purchase andsale of machine |
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Answer» Answer: SORRY I don't understand I really really sorry FRI. You do not mind |
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