X Ltd. has imported a machine on Oct. 1, 2011 for Rs. 1,28,000, paid customs duty and freight Rs. 64,000 and incurred erection charges Rs. 48,000. Another local machinery costing Rs. 80,000 was purchased on April 1, 2012. On Oct 1, 2013 a portion of the imported machinery (value one third) got out of order and was sold for Rs. 27,840. Depreciation to be calculated at 20% p. a. on original cost basis. (SLM) Prepare Machinery Account for the first three years ending 31 March 2014.
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Business, 22.06.2019 00:20, angelcat9137
Overspeculation and a decrease in consumer confidence are both leading factors of: ?
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Business, 23.06.2019 12:00, Mialock7677
An increase in mexico’s demand for united states goods would cause the value of the dollar to
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Business, 23.06.2019 12:30, kkruvc
Ricardo is sure he has what it takes to succeed in the food business, but because he lacks management experience, he wants one that will provide the most training and support. which of these possibilities would be his best choice? a. subway b. old macdonald's bed and breakfast c. fuzzy's tavern d. ricardo's café
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Business, 23.06.2019 13:10, lalkjlkeu9709
Barry owns a 50 percent interest in b& b interests, a partnership. his brother, benny, owns a 35 percent interest in that same partnership, and the remaining 15 percent is owned by an unrelated individual. during 2016, barry sells a rental property with a basis of $60,000 to b& b interests for $100,000. the partnership intends to hold the rental as inventory for resale. what is the amount and nature of barry’s gain or loss on this transaction?
Answers: 1
X Ltd. has imported a machine on Oct. 1, 2011 for Rs. 1,28,000, paid customs duty and freight Rs. 64...
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