An Equipment bought on 1 August 2016 for Rs 40,000 were sold on September 2018 for Rs 14,000, by cheque The net book of the equipment at 31 Dec 2017 was Rs 10,000 This transaction had omitted in the books Equipment bought at a cost of Rs 96,000, by on 1 July 2018 were not accounted for as at the ye...

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An Equipment bought on 1 August 2016 for Rs 40,000 were sold on September 2018 for Rs

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An Equipment bought on 1 August 2016 for Rs 40,000 were sold on September 2018 for Rs 14,000, by cheque. The net book of the equipment at 31 Dec 2017 was Rs 10,000. This transaction had omitted in the books. Equipment bought at a cost of Rs 96,000, by on 1 July 2018 were not accounted for as at the year end. Give me the amount enter in Income Statement and Balance Sheet

Posted Date: May 18, 2024 10:02 PM

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An Equipment bought on 1 August 2016 for Rs 40,000 were sold on September 2018 for Rs

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