Company Accounting | Question and Answer

Running Head: Company Accounting 0
Company Accounting
(Student Name)

Company Accounting 1
Table of Contents
Question 1........................................................................................................................................2
Question 2......................................................................................................................................10
Bibliography..................................................................................................................................16

Company Accounting 2
Question 1
Date Particular Dr Amount
Cr
Amount
1.1.2018 Machine A A/C Dr. 4000
Machine B A/C Dr. 10000
To Cash A/C 14000
(Being payment in Cash for
Purchase of Machine A and
B)
30.6.2018 Depreciation A/C Dr 665
To Machinery A 190
To Machinery B 475
(Being Charged Depreciation)

Company Accounting 3
30.06.2018 Profit & Loss A/C Dr. 665
To Depreciation A/C 665
(Being accounted of
depreciation charged)
30.06.2019 Depreciation A/C Dr 1330
To Machinery A 380
To Machinery B 950
(Charged Depreciation)
30.06.2019 Profit & Loss A/C Dr. 1330
To Depreciation A/C 1330
(Depreciation is being
accounted for)