rohan., Accounting Standards

A firm of manufactures, whose books are closed on 31st December, purchased machinery for Rs.50,000 on 15 January, 2010. Additional Machinery was acquired for Rs.10,000 on 1st July, 2010 and for Rs.16,466 on 14th April, 2012. (20)

Give the Machinery Account for five years writing off depreciation by:
(i) Diminishing balance method @ 10% p.a.
(ii) Straight line method
Posted Date: 1/24/2013 5:31:27 AM | Location : Pakistan







Related Discussions:- rohan., Assignment Help, Ask Question on rohan., Get Answer, Expert's Help, rohan. Discussions

Write discussion on rohan.
Your posts are moderated
Related Questions
It is generally taken to include currency or legal tender, cheques or any other document which circulates as cash. It is generally classified like a current asset while it is acces

DOES THE ADOPTION OF IFRS BY DIFFERENT COUNTRIES NECESSARILY MEAN ACCOUNTING PROCEDURES AND PRACTICES THEY ADOPT WILL BE CONSISTENT AND COMPARABLE INTERNATIONALLY

why Accountant prefer commercial substance than legal form?

i need guidance note, expert advisory help or contoveries on AS 13

Dear Sir, I am an accountant working in a company with limited liability (WLL), one of the partners (A) will withdraw from our company. One of the existing partner (B) of the comp

a.Compute the number of preferred shares that were issued during 20X6, which is Preferred stock, $100 par value, 10% $580,000 $500,000

Trading account is ready to ascertain the Gross Profit and Loss of a firm; here Gross Profit is the excess of total revenue over cost of goods sold as the credit side of the tradin

Hello, I am interested in help on an ACCO 310 case which is due on Tuesday the 13th at 12 PM. Please contact me at your earliest convenience and hopefully we can work something ou

AB Limited is a manufacturing entity that runs a number of operations including a bottling plant that bottles carbonated soft drinks. AB has been developing a new bottling process

1. What is a bank? 2. What bank overdraft?