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  • Accounts 2

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    chhaviiisocial
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    1) Kamesh Ltd. purchased a machine for Rs. 100,000 on January 1, 2021. Depreciation is charged monthly on a closing balance method. 2) Journal entries are required for the years ending December 31, 2021 and 2022 to record depreciation and the provision for depreciation. 3) When the provision for depreciation is maintained, pass necessary journal entries. If not maintained, show the necessary accounting treatment.

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    accounts 2

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    1) Kamesh Ltd. purchased a machine for Rs. 100,000 on January 1, 2021. Depreciation is charged monthly on a closing balance method. 2) Journal entries are required for the years ending December 31, 2021 and 2022 to record depreciation and the provision for depreciation. 3) When the provision for depreciation is maintained, pass necessary journal entries. If not maintained, show the necessary accounting treatment.

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    © All Rights Reserved
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    6 views6 pages

    Accounts 2

    Uploaded by

    chhaviiisocial
    1) Kamesh Ltd. purchased a machine for Rs. 100,000 on January 1, 2021. Depreciation is charged monthly on a closing balance method. 2) Journal entries are required for the years ending December 31, 2021 and 2022 to record depreciation and the provision for depreciation. 3) When the provision for depreciation is maintained, pass necessary journal entries. If not maintained, show the necessary accounting treatment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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