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View Full Version : On 1jan,2006 machinery was purchased by x for 50,0000.on 1july,2006additions were mad


staru
Feb 14, 2012, 10:16 PM
On 1jan,2006 machinery was purchased by x for 50,0000.on 1july,2006additions were made to extend of 10,000.on1april,2008,furtheraddditions were made to extent of 6400 on 30june,2007machinrey orignal costvaluof which was 8000on31jan,2006wassold for6000 depreciationwascharged@10%onorignalcost show machineryaccount for 3years from 2006-2009 in books of x.heclosebookson 31december..