A machine with a cost of Rs. 1,00,000 & accumulated depreciation of Rs. 80,000 & was sold at a loss of Rs. 6,000. Bank account shall have been debited by ___

Q. From the following Balance Sheet of Mohan Ltd., prepare cash flow statement.
Balance Sheet of Mohan Ltd.
as on………….
$\begin{array}{cccccc}\text{Capital and Liabilities}& 2010& 2011& \text{Assets}& 2010& 2011\\ & \text{(Rs.)}& \text{(Rs.)}& & \text{(Rs.)}& \text{(Rs.)}\\ \text{Equity Share Capital}& 2,00,000& 3,00,000& \text{Fixed Assets}& 4,00,000& 6,00,000\\ \text{Profit and Loss}& 1,60,000& 2,00,000& \text{Stock}& 1,30,000& 1,50,000\\ \text{Bank Loan}& 1,00,000& 80,000& \text{Debtors}& 1,00,000& 60,000\\ \text{Accumulated Depreciation}& 80,000& 1,00,000& \text{Bills Receivable}& 20,000& 30,000\\ \text{Creditors}& 1,40,000& 1,20,000& \text{Bank}& 90,000& 30,000\\ \text{Proposed Dividend}& \underset{–}{60,000}& \underset{–}{70,000}& & & \\ & \underset{–}{7,40,000}& \underset{–}{8,70,000}& & \underset{–}{\overline{7,40,000}}& \underset{–}{\overline{8,70,000}}\end{array}$

Additional Information:
Machine costing Rs. 80,000 on which accumulated depreciation was Rs. 50,000 was sold for Rs. 20,000.

Q. A second hand machinery was purchased for Rs. 1,00,000 five years ago and was overhauled by carrying out some current repairs at a cost of Rs. 10,000. It has also an accumulated depreciation of Rs. 50,000. It has been disposed of in the beginning of the sixth year for Rs. 60,000. Profit/loss on such disposal shall be ________________.

Q. On the basis of following information answer the following question.

The balance in accumulated depreciation account of a company at the beginning of year $2008-2009$ was Rs$2,00,000$ when the original cost of the assets amounted to Rs$10,00,000$. The company charges $10\%$ depreciation on a SLM basis for all assets including those which have been either purchased or sold during the year. One such asset costing Rs.$5,00,000$ which accumulated depreciation as at the beginning of the year of Rs$80,000$ was disposed off during the year.

The balance of the accumulated depreciation account at the end of the year considering the current year's depreciation charge would be ______________.

Q. On the basis of following information answer the following question.

The balance in accumulated depreciation account of a company at the beginning of year $2008-2009$ was Rs$2,00,000$ when the original cost of the assets amounted to Rs$10,00,000$. The company charges $10\%$ depreciation on a SLM basis for all assets including those which have been either purchased or sold during the year. One such asset costing Rs.$5,00,000$ which accumulated depreciation as at the beginning of the year of Rs$80,000$ was disposed off during the year.

Depreciation from the current year = ?

Q. Date of Purchase of Machine 1.4.2012, cost: Rs. 12,00,000, Rate of Depreciation: 10% p.a Written down Value Basis. On 1.10.2014, a part of machinery purchased on 1.4.2012. for Rs. 80,000 was sold for Rs. 45,000. The closing balance of Provision for Depreciation Accounts as at 31.3.2015 will be: