Question No 42 Chapter No 13 Creation of Provision for Depreciation Account 42. The following balance appears in the books of Rohit Thakur April.1 2018 Machinery Account 4,00,000 Provision for Depreciation 1,20,000 On April 1, 2018, Rohit Thakur sold Read More …
Question No 41 Chapter No 13 Creation of Provision for Depreciation Account 41. On 1st April 2017 Hem Lata purchased 4 machineries for Rs 50,000 each. On 31st March 2019, one machinery was sold for Rs 41,000. depreciation was charged Read More …
Question No 40 Chapter No 13 Creation of Provision for Depreciation Account 40. The following balances appear in the books of Jain Mills: April.1 2018 Machinery Account Rs 80,000 Provision for Depreciation Rs 30,000 On April Read More …
Question No 39 Chapter No 13 Creation of Provision for Depreciation Account 39. Nagina purchased machinery for Rs 60,000 on 1st October 2015. Another machinery was purchased on 1st July 2016 for Rs 40,000. Machinery purchased on 1st October 2015 Read More …
Question No 38 Chapter No 13 Creation of Provision for Depreciation Account 38. Ravi Kumar purchased machinery for Rs 2,00,000 on 1st April 2016. he spent Rs 40,000 on its installation. He purchased another machine for Rs 60,000 on 1st Read More …
Question No 37 Chapter No 13 Creation of Provision for Depreciation Account 37. A company purchased a second-hand plant for Rs 60,000. it immediately spends Rs 10,000 on overhauling. The plant was put to use on April 1, 2016. After Read More …
Question No 36 Chapter No 13 Creation of Provision for Depreciation Account 36. Chancal Patel purchased surgical instruments for her hospital for Rs 5,00,000 on 1st July 2015. depreciation was charged @10% p.a. on straight line basis and is transferred Read More …
Question No 35 Chapter No 13 Creation of Provision for Depreciation Account 35. Chander Mani purchased scientific instruments for Rs 3,00,000 on 1st April 2016 Depreciation was charged @10% p.a. on original cost and transferred to provision for depreciation account.Prepare Read More …
Question No 34 Chapter No 13 WDV Method and Partial Sale 34. Jung Traders purchased equipment on 1st July 2015, for Rs 28,000 and spends Rs 2,000 for its carriage and installation. On 1st October 2015 and on 1st Jan Read More …
Question No 33 Chapter No 13 WDV Method and Partial Sale 33. Sunrise Ltd. Had purchased machinery on 1st April, 2016 for Rs 5,00,000. on 1st April 2018, the company sold a part of machinery bought on 1st April, 2016 Read More …