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प्रश्न
Raj & Co purchased a machine on 1st January 2014 for ₹ 90,000. On 1st July 2014, they purchased another machine for ₹ 60,000. On 1st January 2015, they sold the machine purchased on 1st January 2014 for ₹ 40,000. It was decided that the machine be depreciated at 10% per annum on the diminishing balance method. Accounts are closed on 31st December every year. Show the machinery account for the years 2014 and 2015.
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उत्तर
| Date | Particulars | 1st Machinery ₹ | 2nd Machinery ₹ |
| 1.1.2014 | Cost price - 1 | 90,000 | |
| 1.7.2014 | Cost price - 2 | 60,000 | |
| 31.12.2015 | (-) Depreciation at 10% | 9,000 | 3,000 |
| 81,000 | 57,000 | ||
| 1.1.2015 | (-) Selling price | 40,000 | |
| Loss on Sales | 41,000 | ||
| 31.12.2015 | (-) Depreciation - 2 | 5,700 | |
| Balance in machinery A/c | 51,300 |
Machinery Account
| Dr. | Cr. | ||||||
| Date | Particulars | J.F. | Amount ₹ | Date | Particulars | J.F. | Amount ₹ |
| 1.1.2014 | To Bank A/c | 90,000 | 31.12.2014 | By Depreciation A/c (9000 + 3000) | 12,000 | ||
| 01.07.2014 | To Bank A/c | 60,000 | 31.12.2014 | By Balance c/d | 1,38,000 | ||
| 1,50,000 | 1,50,000 | ||||||
| 1.1.2015 | To Balance b/d | 1,38,000 | 1.1.2015 | By Bank A/c | 40,000 | ||
| By Profit and loss A/c | 41,000 | ||||||
| 31.12.2015 | By Depreciaton A/c | 5,700 | |||||
| 31.12.2015 | By Bank c/d | 51,300 | |||||
| 1,38,000 | 1,38,000 | ||||||
| 1.1.2016 | To Balance c/d | 51,300 | |||||
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