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
Q. Accounting Education Change Commission? Accountants in practice as well as business executives have generally been dissatisfied with accounting graduates' capability to thin

To finish  this scenario, use the Sample Size Estimator Sheets A, B of this file. In the previous years of the twenty-first century, annual salaries for federal employees in the

Hi, I work at a non-profit that recently received a $250,000 stock donation which is payment for a $1M pledge. The donor has written in an e-mail that he would like to give us th

tools and techniques of financial statement

Question 1: Businesses have become increasingly aware of the environmental implications of their operations, products and services. (a) Describe why businesses should be con

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

write short notes on 5 modern accounting techniques

The main function of accounting is to accumulate accounting data so as to calculate the profit and loss made through the business firm throughout and also to KNOW the financial pos


explain how accounting information may be used when an owner wants to justify a price in one of their lines of house paint