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Answer Posted / rahul
advertisment is a type of sale promotion of the product and also tell about to product that this product has a good quality to other products then customer come to purchase the product
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What is the accurate answer for this question " a contract is an agreement but agreement cannot be an contract?'
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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 fifth 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% per annum at the end of the 5th year the securities were sold for Rs.62,200 and the old machinery was 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
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