Please wait...
Contact Us
Need assistance? Contact us on below numbers

For Study plan details

10:00 AM to 7:00 PM IST all days.

For Franchisee Enquiry



Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this number

93219 24448 / 99871 78554

Mon to Sat - 10 AM to 7 PM

Vinod Limited purchased amachinery of Rs.3,00,000 on 1st July, 2012 and Rs.3,00,000 on 1st November 2012. Company purchased one moremachinery on 1st January 2013 for Rs.2,00,000. Company sold onemachinery for Rs.2,10,000 on 31st March 2014whichwas purchased on 1st July 2012. Company purchased on second handmachinery on the same day for Rs.1,00,000. Rate of Depreciation is 10% by Straight Line Method and closes its accounts on 31st December every year. Prepare Machinery A/c, Machinery Disposal A/c and Provision for Depreciation A/c

Asked by meet10patel2005 1st February 2022, 12:00 PM

Answer this question

Your answer has been posted successfully!

Chat with us on WhatsApp