| Machinery | |||||||
| Particulars | Amount | Particulars | Amount | ||||
| To Balance B/d | 280000 | By Balance C/d | 370000 | ||||
| By Depreciation | 20000 | ||||||
| To Bank A/c | 130000 | By Loss on Sale | 10000 | ||||
| (Bal Figure) | By Bank A/c | 10000 | |||||
| Total | 410000 | 410000 | |||||
| Provision for Tax | |||||||
| Particulars | Amount | Particulars | Amount | ||||
| To Balance C/d | 50000 | By Balance B/d | 40000 | ||||
| To Bank A/c | 35000 | By P & L A/c (Prov made) | 45000 | ||||
| (Bal Figure) | |||||||
| Total | 85000 | 85000 | |||||
Director at Samridhh Fincoach
The author loves writing on financial and economic matters. His writings are full of real life instances which enrich not only the readers knowledge but also his application of concepts
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