Laxmi limited purchased machinery for 40000

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Web21 jun. 2024 · On 1st April, 2014, A Ltd. purchased a machine for ₹ 2,40,000 and spent ₹ 10,000 on its erection. On 1st October, 2014 an additional machinery costing ₹ 1,00,000 … WebLakshmi Limited purchase a machinery for 40000 on 1st October 2015 appreciation by @ 10% - Accountancy - Depreciation Provisions and Reserves. ... company purchased machinery worth 40000. On 1st October 2024 ... Lakshmi Limited purchase of machinery for rupees 40000 on ...

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WebProfile. Lakshmi Machine Works Limited, a leading Textile Machinery Manufacturer in India and one among the three in the world to produce the entire range of Spinning … Web22 nov. 2024 · Reliance Ltd. purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 9% Debentures of ₹ 100 each. Assume … census reading uk

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WebLAKSHMI MACHINE WORKS LTD. - 500252 - Announcement under Regulation 30 (LODR)-E… LAKSHMI MACHINE WORKS LTD. - 500252 - Announcement under … WebWebsite. laxmiagni.com. Started in 1999, Laxmi Agni Components & Forgings Pvt. Ltd. is an ISO, TS & OHSAS Certified green field company located in Aurangabad. We … WebOn 1st April, 2016, X Ltd. purchased a machine costing 4,00,000 and spent 乏 50,000 on its installation. The estimated life of the machinery is 10 years, after which its residual … buy hoodies for men

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Laxmi limited purchased a machinery for rupees 40000 on 1

WebDepreciation of an Asset: Problem and Solution # 1. On 1st July, 2008 a company purchased a machine for Rs 3,90,000 and spent Rs 10,000 on its installation. It decided to provide depreciation @ 15% per annum, using written down value method. On 30th November, 2011 the machine was dismantled at a cost of Rs 5,000 and then sold for Rs … WebOn 1st April, 2016, if purchased another machine for ₹ 2,40,000. On 1st October, 2024, the machine purchased on 1st July, 2015 was sold for ₹ 1,45,000. On 1st January, 2024, another machine was purchased for ₹ 4,00,000 plus IGST @ 12%. Prepare the Machinery Account for the years ended 31st March, 2016 to 2024 after charging Depreciation ... census race by zip codeWebQ.1 M/s P&Q purchased machinery for 40,000 on 1st October, 2015. Depreciation is provided 10% pa on the Diminishing Balance On 31st January, 2024, one-fourth of the … census racial diversity index

"WebGreen Ltd. purchased the assets of Strong Ltd. for ₹ 40,00,000 and took over liabilities of 7,00,000 at an agreed value of ₹ 32,40,000. Payment was made by issuing 10% … " - Laxmi limited purchased machinery for 40000

Laxmi limited purchased machinery for 40000

What is the journal entry for purchase of machinery?

Web24 nov. 2024 · Calculation of Purchase and sales Price Purchase Price = Purchases goods – Trade Discount Purchase Price = 50,000 – 15% = Rs.42,500 Sales Price = Goods Sold + Profit – trade discount Sales Price = 42,500 + 25% – 10% = Rs.47,812.50 Question 4. Journalise the following transactions in the books of Bhushan Agencies: Web10 apr. 2024 · Mr K purchased machinery from ABC Ltd. amounting to 20,000 on credit. The journal entry in the books of Mr K is as follows: Machinery a/c: Debit: 20,000: To …

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WebOn 1st January, 2013 A Ltd, company purchased machinery for Rs. 20,00,000. Depreciation is provided at15% per annum on diminishing balance method. On 1st March, 2015 1 4 of machinery was damaged by fire and Rs. 40,000 machinery were received from the insurance company in full settlement. Web24 jan. 2024 · laxmi limited purchased a machinery for ₹40000 on 1st October 2015. Depreciation is provided @10% p. a. on the diminishing balance method. on 1st january, …

WebOur dedicated hard work and sincere approach towards complete customer satisfaction has made us an eminent manufacturer of drilling machines and thus maintain a healthy … WebPaid for purchase of Machinery by cheque ₹ 20,000. 16: Paid wages for the erection of above Machinery ₹ 1,000. 17: Cheque issued for ₹ 6,000 in favour of Sachdeva & Co. for purchase of furniture. 20: Purchased goods from Kalpna

Web1 sep. 2024 · P & Q purchased machinery for Rs. 40,000 on 1st October, 2015. Depreciation is provided @ 10% p.a. on the Diminishing Balance. On 31st January, … WebOn 1st April, 2016, X Ltd. Purchased a machine costing Rs 4,00,000 and spent Rs 50,000 on its installation. The estimated life of the machinery is 10 years, ...

WebCertain machinery which was purchased for ₹ 50,000 on 1st October, 2016 was sold for ₹ 40,000 on 30th September, 2024. Prepare the Machinery Account and Accumulated Depreciation Account for all the years up to the year ended 31st March, 2024. Depreciation is charged @ 10% p.a. on Straight Line Method. Also, show the Machinery Disposal …

Web10 okt. 2024 · lakshmi ltd purchased machine for 40000 on 1st october 2009. depreciation is 10% p.a, written down value. On 1st january 2012, 1/4th of the machine was sold for … census reapportionment redistrictingWebX Ltd purchased a machinery from Y for an agreed purc hase consideration of Rs.4,40,000 to be satisfied by the issue of 12% Debentures of Rs.100 each at a premium of Rs.10 … buy hood of hungering darknessWebOn 1st April, 2015, A Ltd. Purchased a machine for Rs 2,40,000 and spent Rs 10,000 on its erection. On 1st October, 2015, an additional machinery costing Rs ... census records 1911 englandWebFor LAKSHMI MACHINE WORKS LIMITED CQ~ C R SHIVKUMARAN COMPANY SECRETARY cc: BSE Limited Corporate Relationship Department 1st Floor, New … buy hood ornamentsWeb1 aug. 2024 · The machine purchased on 1 st July, 2024 was sold on 31 st May, 2024 for Rs. 12,20,000. Depreciation is charged by the company @ 15% per annum on written … buy hoof grease census records 1911 freeWeb17 mrt. 2024 · X. Ltd. purchased a Machinery from Y Ltd. at an agreed purchase consideration of Rs. 4,40, ... of Rs. 10 per debenture. Journalise the ... X.Ltd. … buy hoodrich