Green ltd purchased plant and machinery
WebMar 14, 2024 · In May 2024, Factory Corp. owned PP&E machinery with a gross value of $5,000,000. Accumulated depreciation for the same machinery was $2,100,000. Due to the wear and tear of the machinery, the company decided to purchase another $1,000,000 in new equipment. For this period, the depreciation expense for all old and new equipment … WebMar 12, 2024 · On 1stApril, 2015 X Ltd purchased a plant and Machinery for Rs. 43,000. It was estimated that the effective life of the plant will be 10 years and after that its scrap value will be Rs. 3,000. On 1stApril, 2016, the company purchased additional machine for Rs. 25,000 of which the effective life will be 15 years and scrap value Rs. 2,500.
Green ltd purchased plant and machinery
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WebSale of equipment Equipment was acquired at the beginning of the year at a cost of 465,000. The equipment was depreciated using the straight-line method based on an estimated useful life of 15 years and an estimated residual value of 45,000. a. What was the depreciation for the first year? b. WebOn 1st April,2016,a Green Ltd. purchased a machinery for Rs 1,20,000 and on 30th September,2024, it acquired a additional machinery at a cost Rs. 20,000. On 30th …
WebJul 1, 2024 · On 1 July 2024, Blenheim Ltd purchased an item of machinery for $280,000. On this date it was estimated that the item of machinery had a useful life of seven years and zero residual value. Blenheim Ltd uses the cost model to measure items of property, plant and equipment and the straight-line method of depreciation. WebPlant and Machinery Rs. 8,00,000. Land and Building Rs. 72,00,000. The purchase consideration was Rs. 80,00,000. Rs 20,00,000 were paid though cheque and the …
WebNov 8, 2024 · On 1st April, 2016, Green Ltd. Purchased machinery for Rs 1,20,000 and on 30th September, 2024, it acquired additional machinery at a cost of Rs 20,000. On 30th June, 2024, one of the original machines which had cost Rs 5,000 was found to have become obsolete and was sold as scrap for Rs 500. WebOct 24, 2016 · purchased by medical facilities are captured on a list of approved items for use at the facility. (4) Enter all stock surgical and dental instruments into the appropriate …
WebABC Ltd. purchased second hand machinery on 1st April, 2006 for Rs. 3, 70,000 and installed it at a cost of Rs. 30,000. On 1st October, 2007 it purchased another machinery for Rs. 1, 00,000 and on 1st October, 1998, it sold off the first machine purchased in 2006, for Rs. 2, 80,000. On the same date it purchased a machinery for Rs. 2, 50,000.
WebGREEN PLANT MACHINERY LTD. Website. Get a D&B Hoovers Free Trial. Overview. Company Description: ? Key Principal: Petru Gabriel Sabau See more contacts. Industry: … curb your enthusiasm bare midriffWebNov 28, 2024 · On 1st January, 2016, the firm purchases new machinery worth ₹ 12,000. On 30th June, 2024, the machinery purchased on 1st January, 2016, was sold for ₹ 8,000 and on 1st July, 2024, a fresh plant was installed. Payment for this plant was to be made as follows: 1st July, 2024 – ₹ 5,000 30th June, 2024 – ₹ 6,000 30th June, 2024 – ₹ 5,500 easy driving distanceWeb482 Likes, 0 Comments - Telanganainsta (@telangana_insta) on Instagram: "‘K2 in land of KT Rama Rao’, Anand Mahindra upbeat Hyderabad: When Mahindra Group ... easy drivinghttp://www.greenplantuk.com/ curb your enthusiasm breck dennyWebGreen Ltd. purchased the assets of Strong Ltd. for ₹ 40,00,000 and took over liabilities of 7,00,000 at an agreed value of ₹ 32,40,000. Payment was made by issuing 10% … easy driving school bronxWebThe Plant locations around the United States are where P&G products come to life. P&G engineers and plant technicians work together to design and utilize the latest technology … easy driving school llc dba drivers edWebThere is no statutory definition of the term ‘plant and machinery’ but there is confirmation in the legislation on what constitutes a building or a structure and what is therefore not plant and machinery, and these details are set out below. curb your enthusiasm australia
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