Nepal cotton mills purchased a machinery on 1st may, 2018 for rs. 90000. On 1st july 2019 it was purchased another machine for rs. 40000. On 31st march, 2020 it was sold off the first machine (purchased in 2018) for rs. 58000 and on the same date purchased new machinery for rs. 100000. Depreciation is provided at 20% p. a. on original cost method. Accounts were closed each year on 31st december. Required - Machinery account for 1st three years​

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

According to this excerpt, a key part of our national security strategy is