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Voltas Ltd. bought a plant for …

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Voltas Ltd. bought a plant for rs 500000 on 1st july 2017. It charged depreciation at 20 percent p.a.on reducing balance method. On 31 December 2019 on fifth plant was sold for rs 40,000. It bought another plant for rs 120,000 on the same date. Books are closed on 31st march each year. Prepare plant a/c and provision for Depreciation a/c for 3 years

Posted by Shrini Gupta 3 years, 10 months ago

CBSE > Class 11 > Accountancy

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