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On 1st January 2016, sutkar transport …

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On 1st January 2016, sutkar transport LTD purchased 3 buses for Rs 10,00,000each. On 1st July 2018, one bus was involved in an accident and was completely destroyed and Rs 7,00,000 were received from the insurance company in full settlement . Depreciation is written off @ 15% p.a. on diminishing balance method. Prepare bus account from 2016 to 2019 . Books are closed on 31st December , every year.

Posted by Sapna Bhati 3 years, 8 months ago

CBSE > Class 11 > Accountancy

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