give the entries required.

0-1 machine which cosi Rs.38801 dias an estimated life of years emul strane Give the entries required in each of the following alternative assumpions 1- The machine was sold for casla Rs. 15200 after five years use. 2- The machine was traded in nfet Hyears with another machine with a list price of lis.42000. Trade in allowance was is.234000. 3. The inachine was scrapped after seven years of use I was given to stop dealer for his services in removing it. Q.2 A machine which cost Rs.40.000 has an estimnte life of 10 years and scrape Value of Rs.4000 straight line method was used. - Give the entries Tequired in each of the following aftermathic assiimpitons 1-The machine was sold for cash Rs. 17000 after five years use. 2-Tlie machine was traded in after 6 years with another machine willi a list price of Rs.40,000. Trade in allowance was Rs.22000.Record the trasaction in two alternative assumptions. 3-The machine was scrapped after eight years of use. It was given to srar dealer for his services in removing it. 0-3 A machine which cost Rs.50,000 has an estimated life of 10) years and scrape Value of Rs2000. Diminishing balance method was used. Give the entries required in all of the following allemative ussumptions. 1- The machine was sold for cash Rs. 15000 sficr four years use. 2-Thic machine was traded in after five years with anotier machine win list price of Rs.30,000.Trade in allowance was Rs.24000. 3-The machine was scrapped afler nine years of use. It was given to srar dealer for his services in removing it. 34 A machine which cost Rs.60,000 has an estimated life of 10 years and scrape Value of Rs 5000.Double declining method was used. Give the entries required in cach of the following alternative assumptions. 1-The machine was sold for cash Rs.20,000 ulicr four years use. 2-The machine was traded in nfter five years with another machine with a list price of Rs.15,000. Trade in allowance was Rs 25000. 3-The minchine was scrapped after seven years of use. It was given to step dealer for his services in removing it. scrape 0-1 A machine which cost Rs.38800 has an estimated life or 9 years and Value of Rs.2800.straight line method was used. Give the entries required in cach of the following alternative assumptions 1- The machine was sold for cash Rs. 15200 after five years use. 2. The machine was traded in after 4years with another machine with a list price of Rs.42000. Trade in allowance was Rs.23000. 3. The machine was scrapped after seven years of use. It was given to srap dealer for his services in removing it. 0-2 A machine which cost Rs.40,000 has an estimated life of 10 years and scrap Value of Rs.4000 straight linc method was used. Give the entries required in cach of the following attemative assumptions 1-The machine was sold for cash Rs. 17000 after five years use. 2-The machine was traded in after 6 years with another machine with a list price of Rs.40,000. Trade in allowance was Rs.22000.Record the trasaction in two alternative assumptions. 3-The machine was scrapped after eight years of use. It was given to srap dealer for his services in removing it. 0-3 A machine which cost Rs.50,000 has an estimated life of 10 years and scrape Value of Rs2000. Diminishing balance method was used. Give the entries required in cach of the following alternative assumptions 1-Thic machine was sold for cash Rs.15000 after four years use. 2-The machine was traded in after five years with another machine with a list price of Rs.30,000. Trade in allowance was Rs.24000. 3-The machine was scrapped after nine years of use. It was given to srap dealer for his services in removing it. 24 A machine which cost Rs.60,000 has an estimated life of 10 years and scrape Value of Rs 5000.Double declining method was used. Give the entries required in cach of the following alternative assumptions. 1-The machine was sold for cash Rs.20,000 after four years use. 2-The machine was traded in after five years with another machine with a list price of Rs.45,000.Trade in allowance was Rs.25000. 3-The machine was scrapped after seven years of use. It was given to srap dealer for his services in removing it. 0-1 machine which cosi Rs.38801 dias an estimated life of years emul strane Give the entries required in each of the following alternative assumpions 1- The machine was sold for casla Rs. 15200 after five years use. 2- The machine was traded in nfet Hyears with another machine with a list price of lis.42000. Trade in allowance was is.234000. 3. The inachine was scrapped after seven years of use I was given to stop dealer for his services in removing it. Q.2 A machine which cost Rs.40.000 has an estimnte life of 10 years and scrape Value of Rs.4000 straight line method was used. - Give the entries Tequired in each of the following aftermathic assiimpitons 1-The machine was sold for cash Rs. 17000 after five years use. 2-Tlie machine was traded in after 6 years with another machine willi a list price of Rs.40,000. Trade in allowance was Rs.22000.Record the trasaction in two alternative assumptions. 3-The machine was scrapped after eight years of use. It was given to srar dealer for his services in removing it. 0-3 A machine which cost Rs.50,000 has an estimated life of 10) years and scrape Value of Rs2000. Diminishing balance method was used. Give the entries required in all of the following allemative ussumptions. 1- The machine was sold for cash Rs. 15000 sficr four years use. 2-Thic machine was traded in after five years with anotier machine win list price of Rs.30,000.Trade in allowance was Rs.24000. 3-The machine was scrapped afler nine years of use. It was given to srar dealer for his services in removing it. 34 A machine which cost Rs.60,000 has an estimated life of 10 years and scrape Value of Rs 5000.Double declining method was used. Give the entries required in cach of the following alternative assumptions. 1-The machine was sold for cash Rs.20,000 ulicr four years use. 2-The machine was traded in nfter five years with another machine with a list price of Rs.15,000. Trade in allowance was Rs 25000. 3-The minchine was scrapped after seven years of use. It was given to step dealer for his services in removing it. scrape 0-1 A machine which cost Rs.38800 has an estimated life or 9 years and Value of Rs.2800.straight line method was used. Give the entries required in cach of the following alternative assumptions 1- The machine was sold for cash Rs. 15200 after five years use. 2. The machine was traded in after 4years with another machine with a list price of Rs.42000. Trade in allowance was Rs.23000. 3. The machine was scrapped after seven years of use. It was given to srap dealer for his services in removing it. 0-2 A machine which cost Rs.40,000 has an estimated life of 10 years and scrap Value of Rs.4000 straight linc method was used. Give the entries required in cach of the following attemative assumptions 1-The machine was sold for cash Rs. 17000 after five years use. 2-The machine was traded in after 6 years with another machine with a list price of Rs.40,000. Trade in allowance was Rs.22000.Record the trasaction in two alternative assumptions. 3-The machine was scrapped after eight years of use. It was given to srap dealer for his services in removing it. 0-3 A machine which cost Rs.50,000 has an estimated life of 10 years and scrape Value of Rs2000. Diminishing balance method was used. Give the entries required in cach of the following alternative assumptions 1-Thic machine was sold for cash Rs.15000 after four years use. 2-The machine was traded in after five years with another machine with a list price of Rs.30,000. Trade in allowance was Rs.24000. 3-The machine was scrapped after nine years of use. It was given to srap dealer for his services in removing it. 24 A machine which cost Rs.60,000 has an estimated life of 10 years and scrape Value of Rs 5000.Double declining method was used. Give the entries required in cach of the following alternative assumptions. 1-The machine was sold for cash Rs.20,000 after four years use. 2-The machine was traded in after five years with another machine with a list price of Rs.45,000.Trade in allowance was Rs.25000. 3-The machine was scrapped after seven years of use. It was given to srap dealer for his services in removing it