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Wildcat Ltd a manufacturing company sold a machinery for Rs lacs at the year end The company had purchased the machinery four years back for Rs lacs and had depreciated the same using written down v

Wildcat Ltd a manufacturing company sold a machinery for Rs  lacs at the year end The company had purchased the machinery four years back for Rs  lacs and had depreciated the same using written down value method of depreciation  As an accounts executive of Wildcat Ltd calculate the WDV of the asset for the four years accumulated depreciation for four years and profit/loss on sale if any

Feb 13 2020 View more View Less

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