Interested to Buy Any Domain ? << Click Here >> for more details...
Raj & Raj Ltd purchased a machinery on 01.01.1996 for
Rs.88,000.The life of the machine estimated to be 5 Yrs.It
was calculated that the old machinery would fetch Rs.8000
at the end of its useful life.it was decided to replace the
machinery at the end of the 5th year by setting up
depreciation fund and invest the annual depreciation (along
with interest earned each year) in gilt edged securities
carrying interest at 5% p.a. At the end of the 5th Year the
securities were sold for Rs.9000.As per the sinking fund
table Rs.14,478 is to be invested every year.A new machine
was purchased on 01.01.2001 for Rs.1,00,000.pass the
journal entries and show the ledger accounts
- 0 Answers
- 2021 Views
- I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
How to Calculate Turnover?
6 Answers College School Exams Tests, TATA,
Hi friends ineed finacial analyst interview question Pls share it
Expand ________ECE
IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE RETURN"
Expand---------TRSP
Answered but misspelled pl correct EARNED BUT NOT RECEIVED (ANS.DEURCCA)
what is live stock?
What is Letter of Credit?
In Accounting how many types of formulaes?
5. What is cost of goods sold?
sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA
Expand C A P
Audit 
