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Depreciation
Accountancy
answered on 06-Nov-23 09:21
6 X purchased a machinery on 1st January 2017 for Rs. 4 80,000 and spent Rs. 20,000 on its installation. On July 1, 2017 another machinery costing Rs. 2,00,000 was purchased On 1st July, 2018 the machinery purchased on 1st January, 2017 having become scrapped and was sold for Rs. 2,90,000 and on the same date fresh machinery was purchased for Rs. 5,00,000, Depreciation is provided annually on 31st December at the rate of 10% p.a. on written down value. Prepare Machinery account for the years 2017 and 2018 Loss on sale of Machine Rs. 1,37,500, Closing Balance of Machine: Rs.6,46,000
latest answer
What is your doubt in this?
Sonia Arora
CA Foundation
★ 0
2
790
AS 20 sum
Accountancy
answered on 05-Nov-23 19:26
In this sum...while computing BASIc EPS why convertible debentures issued taken in WANES?....................and the same (10lakh shares)is also divided by 2......why?
latest answer
You are welcome 🤗
kalees waran
CA Final
★ 195
5
488
NBFC
Accountancy
answered on 05-Nov-23 16:01
Can anyone share me NBFC handwritten notes.
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Thanks a lot
kowselyaa G
CA Final
★ 2K+
5
614
Advanced acc - NBFC
Accountancy
answered on 07-Nov-23 11:52
Illus 3 “4 accounts Amount over due rs. 20 lacs - already identified as substandard assets “ What does already identified mean ?
latest answer
They have to be classified.
kowselyaa G
CA Final
★ 2K+
1
361
AS-10 : Property plant and equipment
Accountancy
answered on 04-Nov-23 21:19
Cost incurred after PPE is ready for use but is not put to use / partially put to use is not included in cost of PPE . Explain!
latest answer
Got it. Thank you!
Gungun Lahoty
CA Inter
★ 325
2
422
As 16
Accountancy
answered on 03-Nov-23 17:02
Yesterday question paper Is my answer correct??
latest answer
Thank you sir
Krishnan K
CA Inter
★ 5K+
2
512
Order
Accountancy
answered on 07-Nov-23 11:55
Can anyone please let the the sequence to study AS 1-29 to be able to learn conveniently? Please
latest answer
Rest after that. Amalgamation, Cashflow, Consolidation along with main chapters.
Sathya Moorthy
CA Inter
★ 340
8
400
INVESTMENT PRESENTATION
Accountancy
answered on 02-Nov-23 12:53
For investment Ac sums can we use both sides of papers one for Dr side and another for credit side. Or Can we write the answer by rotating the paper and writing
latest answer
Try using horizontal , single page.
Study together IAS with tamil
CA Inter
★ 0
3
409
AS 10
Accountancy
answered on 01-Nov-23 19:08
Can building inauguration expenses be capitalised on the building?
latest answer
No
Hushwanth N
CA Inter
★ 8K+
1
368
AS11
Accountancy
answered on 01-Nov-23 15:29
Does integral foreign operations and non integral foreign operations have same rates for below stocks? Opening stock-opening rate Closing stock -closing rate
latest answer
Yes
Ujwal Reddy
CA Inter
★ 7K+
1
412