A boiler was purchased from abroad for Rs 10,000. Shipping and forwarding charges Rs 2,000, Import duty Rs 7,000 and expenses of installation amounted to Rs 1,000. Calculate the Depreciation for the first three years (separately for each year) `"@ "10%` p.a. On Diminishing Balance Method.

On 1st April, 2016, a machinery was purchased for Rs 20,000. On 1st October, 2017 another machine was purchased for Rs 10,000 and on 1st April, 2018, one more machine was purchased for Rs 5,000. The firm depreciates its machinery "@ "10% p.a. on the Diminishing Balance Method. What is the amount of Depreciation for the years ended 31st March, 2017, 2018 and 2019? What will be the balance in Machinery Account as on 31st March, 2019?

Calculate the compoud interest on Rs. 6,000 for 2 years at 10% per year.

A machine was purchased on 1st April, 2016 for Rs 2,50,000. On 1st October, 2016, another machine was purchased for Rs 1,50,000. Estimated scrap value was Rs 10,000 and Rs 5,000 respectively. Depreciation is to be provided "@ " 10% p.a. on the machines under the Reducing Balance System. (i) Show Machinery Account for the years ended 31st March, 2017 and 2018. (ii) Show how Machinery Account will appear in the Balance Sheet as at 31st March, 2018.

Calculate the amount and the compound interest on Rs. 12,000 in 2 years at 10% per year.

Calculate the amount, if Rs 15,000 is lent at compound interest for 2 years and the rates for the successive years are 8% p.a. and 10% p.a. respectively.

Calculate the amount, if Rs 15,000 is lent at compound interest for 2 years and the rates for the successive years are 8% p.a. and 10% p.a. respectively.

On 1st April, 2016, a firm purchased a machinery for Rs 12,00,000. On 1st October, 2018, a part of the machinery purchased on 1st April, 2016 for Rs 80,000 was sold for Rs 45,000 and a new machinery at a cost Rs 1,58,000 was purchased and installed on the same date. The Company has adopted the method of providing depreciation "@ "10% p.a. on the diminishing balance of the machinery. Show the necessary Ledger accounts assuming that: (i) 'Provision for Depreciation Account' is not maintained, (ii) 'Provision for Depreciation Account' is maintained.

In how many years will Rs 2,000 amount to Rs. 2,662 at 10 percent p.a C.I ?

Sharma & Co. whose books are closed on 31st March, purchased a machinery for Rs 1,50,000 on 1st April, 2016, Additional machinery was acquired for Rs 50,000 on 1st October, 2016 was sold for Rs 40,000 on 30th September, 2018. Prepare the Machinery Account and Accumulated Depreciation Account for all the years up to the year ended 31st March, 2019. Depreciation is charged "@ "10% p.a. on Straight Line Method. Also, show the Machinery Disposal Account.