Scribd Logo
Upload

Welcome to Scribd!

  • 1 views

    Sum - 4 & 5 - Depreciation Account

    Uploaded by

    dmhk6969
    Pdf

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Sum - 4 & 5 - Depreciation Account

    Uploaded by

    dmhk6969
    1 views3 pages
    Pdf

    Original Title

    Sum_4 & 5_Depreciation Account

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Pdf

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1 views3 pages

    Sum - 4 & 5 - Depreciation Account

    Uploaded by

    dmhk6969
    Pdf

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    BBA-1_Depreciation Account Question_4 & 5

    Answer_4_Nehal Working Notes


    1st machine (1-4-2012)
    Cost price = 200000
    -Dep (15%)(31-3-2013) (30000)
    Bal 1-4-2013 170000
    -Dep (15%)(31-3-2014) (25500)
    Bal 1-4-2014 144500
    -Dep 30-9-2014(144500*15/100*6/12) (10838)
    Bal 30-9-2014 133662
    + 25% profit 33416
    Sale price 167078
    2nd Machine (1-1-2013)
    Cost (1-1-2013) 68000
    + Install. Charges 2000
    Total (1-1-2013) 70000
    -dep (31-3-2013)(70000*15/100*3/12) (2625)
    Bal 1-4-2013 67375
    -dep (31-3-2014)(15%) (10106)
    Bal 1-4-2014 57269
    -dep (31-3-2015) (8590)
    Bal 1-4-2015 48679
    3rd machine (1-7-2014)
    Cost (1-7-2014) 27000
    + charges 3000
    Total (1-7-2014) 30000
    -dep (31-3-2015)(30000*15/100*9/12) (3375)
    Bal 1-4-2015 26625
    Total dep
    2012-2013= 30000+2625=32625
    2013-2014= 25500+ 10106= 35606
    2014-2015=10838+8590+3375 = 22803

    Assi.Prof.Vaishnavi Ghediya
    BBA-1_Depreciation Account Question_4 & 5
    Dr Machine A/c Cr
    Date Particular J/F Amount Date Particular J/F Amount
    1-4-‘12 To bank A/c 2,00,000 31-3-‘13 By dep A/c 32,625
    1-1-‘13 To bank A/c 68,000 31-3-‘13 By bal (c/f) 2,37,375
    1-1-‘13 To cash A/c 2,000
    2,70,000 2,70,000
    1-4-‘13 To bal (b/d) 2,37,375 31-3-‘14 By dep A/c 35606
    31-3-‘14 By bal (c/f) 201769
    2,37,375 2,37,375
    1-4-‘14 To bal (b/d) 201769 30-9-‘14 By bank A/c 1,67,079
    1-7-‘14 To bank A/c 27000 31-3-‘15 By dep A/c 22803
    1-7-‘14 To cash A/c 3000 31-3’15 By bal (C/f) 75303
    30-9-‘14 To P/L A/c 33416
    (profit)
    265185 265185
    1-4-‘15 To bal (b/d) 75303
    Answer_5_Pooja
    1st machine (1-1-2013)
    Cost 280000
    +carri. Exp 10000
    +install. Charges 10000
    Total(1-1-2013) 300000
    -dep (31-12-2013) (30000)
    Bal (1-1-2014) 270000
    -dep (31-12-2014) (27000)
    Bal (1-1-2015) 243000
    ¼ (60750) ¾ (182250)(Whole year)

    (60750*10/100*6/12) -dep(1-7-’15) (3038) -dep (10%) (18225)


    Bal 57712 Bal (1-1-2016) 164025
    +20% 11542
    (1-7-15)Sale 69254

    Bal (1-1-16) 164025


    Assi.Prof.Vaishnavi Ghediya
    BBA-1_Depreciation Account Question_4 & 5
    ¼ (41006) ¾ (123019)
    -Loss (10%) (4101) -dep (10%) (31-12-2016) (12302)
    Sale 36905 bal (1-1-2017) 110717

    2nd machine (1-7-2015) 3rd machine (1-1-2016)


    Cost (1-7-2015) 50000
    -dep (31-12-2015) (2500) Cost(1-1-16) 60000
    Bal (1-1-2016) 47500 -dep (31-12-2016) 6000
    -dep (31-12-2016) (4750) Bal (1-1-2017) 54000
    Bal (1-1-2017) 42750
    Dr Machine A/c Cr
    Date Particular J/ Amount Date Particular J/ Amount
    F F
    1-1-‘13 To bank A/c 2,80,000 31-12-‘13 By dep A/c 30,000
    1-1-‘13 To bank A/c 10,000 31-12-‘13 By bal (c/f) 2,70,000
    1-1-‘13 To cash A/c 10,000
    3,00,000 3,00,000
    1-1-‘14 To bal (b/d) 2,70,000 31-12-‘14 By dep A/c 27000
    31-12-‘14 By bal (c/f) 2,43,000
    2,70,000 2,70,000
    1-1-‘15 To bal (b/d) 2,43,000 1-7-‘15 By dep A/c 3038
    1-7-‘15 To bank A/c 50000 1-7-‘15 By bank A/c 69254
    1-7-‘15 To P/L A/c 11542 31-12-‘15 By dep A/c 20725
    (profit) 18225+2500
    31-12-’15 By bal (C/f) 211525
    304542 304542
    1-1-‘16 To bal (b/d) 211525 1-1-‘16 By P/L A/c 4101
    1-1-‘16 To bank A/c 60,000 1-1-‘16 By bank A/c (sale) 36905
    31-12-‘16 By dep A/c 23052
    12302+4750+6000
    31-12-‘16 By bal(C/f) 207467
    271525 271525
    1-1-‘17 To bal (b/d) 207467

    Assi.Prof.Vaishnavi Ghediya

    You might also like