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  

---

What Settlement details are required on the delivery instruction slip?

0 Answers   Mellon,

---

Expand D C T O

1 Answers  

---

where do you get working capital?

6 Answers  

---

What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?

0 Answers  

---

What are the various means of calculating depreciation?

2 Answers  

---

what is mean by provision ? give me examples ..

0 Answers  

---

Decrease in the amount of Creditors result in 1.Increase in Cash 2.Decrease in Cash

6 Answers   Infosys, SET Exam,

---

why you want to join the banking and finance industry?

0 Answers  

---

i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............

0 Answers  

---

how can we prepare cash deposited in bank? how we can post it in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)

1 Answers  

---

Expand H U F

3 Answers  

---