In the trial balance on March 31, 2009 building appeared at a gross value at 1,20,000.

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In the trial balance on March 31, 2009 building appeared at a gross value at ₹ 1,20,000. The company has the practice of charging depreciation @ 10% on this asset.

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Financial Accounting

ISBN: 9780071078023

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Authors: Dhanesh K. Khatri

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Question Posted: Dec 19, 2023 06:17 AM

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In the trial balance on March 31, 2009 building appeared at a gross value at 1,20,000.

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Depreciation for the current year is 12000 10 on 120000 Depreciation ac Dr 12000 To Building a...View the full answer

Financial Accounting

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