WebMachinery, plant and equipment. This section covers the different safety aspects of using machinery and maintaining plant and equipment in the workplace. Employers should consider how their workers use machinery, and have adequate maintenance arrangements in place to ensure it remains safe to use. http://www.greenplantuk.com/
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WebPlant and Machinery Rs. 8,00,000. Land and Building Rs. 72,00,000. The purchase consideration was Rs. 80,00,000. Rs 20,00,000 were paid though cheque and the … WebInd AS 16, Property, Plant and Equipment, Important Questions with Solutions for CA Final Financial Reporting May & Nov 2024 Exams. Question 1 – A Ltd. purchased some Property, Plant and Equipment on 1st April, 20X1, and estimated their useful lives for the purpose of financial statements prepared on the basis of Ind AS: Following were the …
WebMar 12, 2024 · On 1stApril, 2015 X Ltd purchased a plant and Machinery for Rs. 43,000. It was estimated that the effective life of the plant will be 10 years and after that its scrap value will be Rs. 3,000. On 1stApril, 2016, the company purchased additional machine for Rs. 25,000 of which the effective life will be 15 years and scrap value Rs. 2,500. WebNov 8, 2024 · On 1st April, 2016, Green Ltd. Purchased machinery for Rs 1,20,000 and on 30th September, 2024, it acquired additional machinery at a cost of Rs 20,000. On 30th June, 2024, one of the original machines which had cost Rs 5,000 was found to have become obsolete and was sold as scrap for Rs 500.
WebGreen Ltd. purchased the assets of Strong Ltd. for ₹ 40,00,000 and took over liabilities of 7,00,000 at an agreed value of ₹ 32,40,000. Payment was made by issuing 10% … WebNov 28, 2024 · On 1st January, 2016, the firm purchases new machinery worth ₹ 12,000. On 30th June, 2024, the machinery purchased on 1st January, 2016, was sold for ₹ 8,000 and on 1st July, 2024, a fresh plant was installed. Payment for this plant was to be made as follows: 1st July, 2024 – ₹ 5,000 30th June, 2024 – ₹ 6,000 30th June, 2024 – ₹ 5,500
WebX Ltd. purchased assets of Y ltd. as under. Plant and Machinery Rs. 8,00,000 Land and Building Rs. 72,00,000 The purchase consideration was Rs. 80,00,000. Rs 20,00,000 were paid though cheque and the remaining amount by issue of 6% debentures of Rs. 100 each at a premium of 20%. Pass the necessary Journal entries in the books of X Itd.
WebA Ltd. purchased a machine for Rs. 5,00,000 on 1st April, 2024. Further addition were made on 1st October 2024 and on 1st July 2024 for Rs. 4,00,000 and Rs. 3,00,000 respectively. On 1st January, 2015, 1st machine was sold for Rs. 2,85,000 and new machine was purchased for Rs. 6,00,000. diabetic foot mri imagesWebDec 16, 2024 · Plant & machinery will not include building or other civil structures and pipelines laid outside factory premises. ITC cannot be availed on goods or services or both received by a tax payer on his own account for construction of immovable property. The copy of the AAR is as under: GST AAR Telangana Vijayneha Polymers Private limited diabetic foot nail careWebMar 29, 2024 · 5.1K views 2 years ago On 1st April, 2016, Green Ltd. Purchased machinery for Rs 1,20,000 and on 30th September, 2024, it acquired additional machinery at a cost of Rs 20,000. On 30th June,... cindy sirmon attorney alabamaWebApr 30, 2024 · How Property, Plant, and Equipment (PP&E) Impacts Investors Companies that are expanding may decide to purchase fixed assets to invest in the long-term future … diabetic foot natureWebSUPINCO Automation Pvt Ltd we are pleased to inform that have successfully completed Webfield JX300 XP DCS Hardware FAT for one of the reputed EPC for their project UE702/UE704 Power plant of 1MW ... diabetic foot ncpWebOn 1st April,2016,a Green Ltd. purchased a machinery for Rs 1,20,000 and on 30th September,2024, it acquired a additional machinery at a cost Rs. 20,000. On 30th … diabetic foot nameWebImmediate access to machinery you need. Leasing options that suit how your firm trades. Hire Purchase options for title ownership after the period. Tax-efficient financing. Options to upgrade or update. Easier budgeting: fixed payments & fixed period. Plant machinery finance. Engineering machinery finance. Finance for machine tools and other ... cindy sisson