Nature of Accou...

A cash disbursement may result in ___________.

Accrued/prepaid/received in advance/outstanding a/c are known as __________.

When a debtor is realized which account is credited _________.

Increase in owner's equity can be caused by ____________________.

Wages paid for installation of asset should be debited ___________  A/c.

A cash receipt may cause ___________.

Cash withdrawal by the proprietor would cause _______.

Sub-division of journal is known as _______ book.

Accounts are broadly classified into ______.

ABC Ltd. acquired a new Machine for Rs. $$500,000$$ on $$1$$st April $$2013$$ and spent Rs. $$10,000$$ on its installation and Rs. $$5,000$$ on transportation. The useful life of the machine is estimated $$10$$ years. The firm provides depreciation using sum of years digit method. what is the depreciation for the year $$2013-14$$.