On 1st January 2020, Mr, Nabard purchased Machinery for $700,000 immediately spent $35,000 for its...
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Accounting
On st January Mr Nabard purchased Machinery for $ immediately spent $ for its implementation and $ for transportation. Expected scrap value of this asset is $ On st March he purchased another Machinery worth for $ On st January he sold machinery purchased on st January for $ On st April he purchased machinery for $ Prepare machinery account and find out the balance of machinery account as on st December The concern follows SLM method @
On st January Mr Nabard purchased Machinery for $ immediately spent $ for its implementation and $ for transportation. Expected scrap value of this asset is $ On st March he purchased another Machinery worth for $ On st January he sold machinery purchased on st January for $ On st April he purchased machinery for $ Prepare machinery account and find out the balance of machinery account as on st December The concern follows SLM method @
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