Problem (5)

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                                                 Journal

Date Particulars Ledger Folio Number FY 2015-2016 Machinery A/c Dr 1-Oct To Bank A/c (Machinery Bought.)

     Depreciation A/c   Dr

31-Mar To Machinery A/c

     Depreciation charged @ 10% -straight line
     10% on 50,00,000 for 6 months
     5000000 x (10/100)x(6/12)2,50,000

     Profit and Loss A/c    Dr

31-Mar To Depreciation A/c Depreciation charged @ 10% -straight line 10% on 50,00,000 for 6 months 5000000 x (10/100)x(6/12)2,50,000

                                                 FY 2016-2017
     Depreciation A/c     Dr...

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dgp
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Published On:
02/25/2021
Last Updated:
02/25/2021
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9 page(s)
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117
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problem-5-11.pdf
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