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Question 14 Chapter 4 -Unimax Publication Class 12 Part 2 – 2021

Question no- 14 Chapter no -4 Unimax Class- 12 Part -II
Question no- 14 Chapter no -4 Unimax Class- 12 Part -II

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Question 14 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021

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Show how will you show the following items in the Balance Sheet of a Limited Company as on 31st March, 2022?
(1) Original cost of Machinery ₹ 8,00,000.
(2) Books value of machinery as on 1st April, 2021 ₹ 5,60,000.
(3) Depreciation is to be written of at 10% on written down value method.

The solution of Question 14 Chapter 4 – Unimax Publication Class 12 Part 2 – 2021 : –

Balance sheet (Extract form)
As on 31st March 2022

Particulars Amount ₹
Non-Current Assets  
Fixed Assets  
Machinery8,00,000 
Less Deprecation2,96,0005,04,000

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Financial Statements of a Company and Its formats

Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

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