Laxmi limited purchased machinery for 40000
WebOn 1st April, 2016, X Ltd. purchased a machine costing ₹ 4,00,000 and spent ₹ 50,000 on its installation. The estimated life of the machinery is 10 years, after which its residual value will be ₹ 50,000 only. Find the amount of annual depreciation according to the Fixed Instalment Method and prepare Machinery Account for the first three years. Web28 nov. 2024 · On 1st October, 2024, a part of machinery purchased on 1st July, 2014 for ₹ 40,000 was sold for ₹ 18,400, charging CGST and SGST @ 6% each and on the same …
Laxmi limited purchased machinery for 40000
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Web9 okt. 2008 · On 1st April,2005 X Company Ltd. purchased a machine from Y Machines Ltd. on hire-purchase basis, ... Exercise-4 On Ist January,2001 Moti Ltd. purchased on … WebOn 1st April, 2016, if purchased another machine for ₹ 2,40,000. On 1st October, 2024, the machine purchased on 1st July, 2015 was sold for ₹ 1,45,000. On 1st January, 2024, another machine was purchased for ₹ 4,00,000 plus IGST @ 12%. Prepare the Machinery Account for the years ended 31st March, 2016 to 2024 after charging Depreciation ...
WebMr. X purchased a second hand machinery on 1.2.2003 for Rs. 50,000; paid Rs. 11,000 for its over-hauling and Rs. 5,000 for its installation which was completed by 31.3.2003. The company provides depreciation on its machinery at 15% on diminishing balance method from the date it was put to use and closes its books on 31st December every year. Web10 mrt. 2024 · Lakshmi Limited purchase of machinery for rupees 40000 on 14th October 2009 depreciation provided @ 10% per annum on the diminishing balance method on 1st …
Web1 apr. 2024 · Question 1: On 1st April, 2015, a limited company purchased a Machine for Rs. 1,90,000 and spent Rs. 10,000 on its installation. At the date of purchase, it was … http://www.laxmientps.com/about.htm
WebPaid for purchase of Machinery by cheque ₹ 20,000. 16: Paid wages for the erection of above Machinery ₹ 1,000. 17: Cheque issued for ₹ 6,000 in favour of Sachdeva & Co. for purchase of furniture. 20: Purchased goods from Kalpna
WebGreen Ltd. purchased the assets of Strong Ltd. for ₹ 40,00,000 and took over liabilities of 7,00,000 at an agreed value of ₹ 32,40,000. Payment was made by issuing 10% … 5- 1h-吡咯-1-基 -2-巯基苯并咪唑WebOn 1st January, 2005, VK Ltd. Purchased machinery for Rs.2,40,000 and on 30th June 2006, it acquired additional machinery at a cost of Rs.40,000. On 31st March, 2007, one of the original machine (purchased on 1st January, 2005) which had cost of Rs.10,000 was found to have become obsolete and was sold as scrap for Rs.1,000. 5- 2-吡啶基 -1h-四唑WebEstablished in the year of 2016, We “Laxmi Enterprise” are Manufacturer of an Turbo Separator, Paper Mill Dryer Section, Kraft Paper Making Machine, Automatic Paper Mill … 5 頁WebCertain machinery which was purchased for ₹ 50,000 on 1st October, 2016 was sold for ₹ 40,000 on 30th September, 2024. Prepare the Machinery Account and Accumulated Depreciation Account for all the years up to the year ended 31st March, 2024. Depreciation is charged @ 10% p.a. on Straight Line Method. Also, show the Machinery Disposal … 5 項口WebLaxmi Ltd. is considering a proposal to buy one of the two machines. Each machine requires investment of ? 34,375 and has useful life of 12 years. Estimates associated … 5 非翻译区WebStudy with Quizlet and memorize flashcards containing terms like Ferguson Company purchased a depreciable asset for $120,000. The estimated salvage value is $10,000, and the estimated useful life is 10 years. The straight-line method will be used for depreciation. What is the depreciation base of this asset? a. $11,000 b. $12,000 c. $110,000 d. … 5- 2-羟乙基 -4-甲基噻唑Web22 nov. 2024 · Reliance Ltd. purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 9% Debentures of ₹ 100 each. Assume … 5%葡萄糖500ml含多少克糖