Solve fixed installment method question is jaiprkash of jalna ,made furniture


solve fixed installment method question is jaiprkash of jalna ,made furniture for his own use on 1st april 2002 ,for this he spent Rs 43000 on material and Rs 7000 on wages ,he estimated the life of furniture to be 12 yrs. He also estimated that its accepted scrap value at the end of life would be Rs 8000 he close his account on 31 december. every year. He sold entire furniture for Rs 45000 on 31 july 2005 show furniture A****************/


Leave a Reply

Your email address will not be published.