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On 1 January 2014a company purchased a plant for 20000. On 1 July in the same year it purchased additional plant worth 8000and soent 2000 on irts erection. On 1 July 2015the plant purchased on 1 jan 2014 having become obsolete was sold for 12500 on 1 October 2016 fresh plant was purchased for 28000 and on the same date the plant purchased on 1 July 2014 was sold at 6000 Depreciation is provided at 10%per annum on original cost on 31 December every year show the plant account for 2014 to 2016

Posted by Kevin Kotak 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Palak Sharma 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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