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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
Whether construction of office cum storage comes under CMA under Agriculture or Non Farm Sector
Three steps for correction in BRS?
What is meant by sensex?
While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.
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Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
what is genpact? Tell us about genpact? what is GE? Tell us about GE? Describe your ideal company,location and job? why we should hire you? why do you want to join our company(GE)? What is capital bugeting? Explain the methods of capital bugeting in detail?
20 Answers Bank Of America, GE, Genpact, HCL, ICICI, Oxygen,
Loan sanctioned by Andhra bank was trasfered to current account. Pass journal entry
What is the meaning of Debt reconciliation and how to do debt reconciliation?
WHAT ARE LIMITATIONS OF ACCOUNTS ?
What is the difference between equity shares & preferred shares?
10 Answers eClerx, JPMorgan Chase, Patni,