WE ARE PVT LTD CO. & WE ARE GOING TO SALE OLD MACHINES WHICH WE PURCHASED IN 1980, SO WHAT WILL BE THE METHODE OF SELLING THESE MACHINES, SHOULD WE SALE THESE MACHINE AS A SCRAP OR AS A OLD MACHINES,
1 IF WE SALE IT AS A OLD MACHINE HOW WE WILL SHOW IT IN OUR BALANCE SHEET, BECAUSE WE HAVE'NT PURCHASE BILL OF THESE MACHINES AND WE DONT KNOW THE PURCHASE COST ALSO
2 SO HOW WE CALCULATE WDV & PROFFIT ON THIS MACHINES
3 WHAT WILL BE THE EXCISE TREAT MENT WHEN WE RAISED THE BILLS