Multiple Choice Questions on X ltd sold a machine for Rs 55000 at a loss of Rs 5000 on which depreciation has been charged Rs 120........... for Commerce ( 11 and 12th) Preparation

Chapter-1 Introduction to Accounting

Accountancy (11th)

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    X ltd sold a machine for Rs. 55000 at a loss of Rs. 5000 on which depreciation has been charged Rs. 12000. The cost of machine was 

    62000

    Incorrect Answer

    72000

    Correct Answer

    55000   

    Incorrect Answer

    50000

    Incorrect Answer
    Explanation:

    72000


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