In this question of cash flow statement plant and machinery adjustment what I did is different with that of presentation on book also my answer doesn't match can u pls refer where iam doing the mistakes
Sri kanaga Varshini
CA Final
★ 3K+
24-May-21 08:21
453
Answers (2)
Plant and Machinery balances as given in the Illustration are after deducting accumulated depreciation. So, when you are drawing P&M account, asset amount will be + accumulated depreciation amount