Скачать или смотреть Class 11 Accounts | Depreciation Provisions and Reserves | Problem 12 Solution | NCERT | CBSE

On July 01, 20xa Ashwani purchased a machine for ₹ 2,00,000 on credit.
Installation expenses ₹ 25,000 are paid by cheque.
The estimated life is 5 years and its scrap value after 5 years will be ₹ 20,000.

Depreciation is to be charged on straight line basis.
Show the journal entry for the year 20xa
and prepare necessary ledger accounts for first three years.

Intro: 00:00
Problem Statement: 00:24
Recap: 01:04
Analysis: 01:28

Additional numerical problems on Depreciation, Provisions and Reserves can be found at https://www.eduxir.com/curriculum/cbs...

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