Richa ltd. Purchased on 1st April,2013 …

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Richa ltd. Purchased on 1st April,2013 a plant for Rs80000 on 1st July,2014,it purchased additional plant costing Rs48000,on 1st December 2015,the plant purchased on 1st April 2013 was sold off for Rs 42000 and on the same date fresh plant was purchased at the cost of Rs 75000
Depreciation is provided @10%p.a. on the diminishing balance methord every year . Accounts are closed each year on 31st March. Show plant account for 3years
Posted by Deepak Yadav 5 years, 10 months ago
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