The following balances are appearing in …
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The following balances are appearing in the books of Mr. X on 1.4.2014. Plant Rs.10,00,000 & provision for depreciation Rs. 1,92,000. Depreciation charged @ 20% by written down value method. A part of plant purchased on 1.4.2013 for Rs. 2,00,000 sold on 1.10.2014 for Rs. 1,20,000. Calculate the amount of depreciation to be transferred from provision for depreciation to asset (plant) a/c.
Rs. 80,600
Rs. 42,400
Rs. 56,000
Rs. 40,000
Posted by Anjali Garg 3 years, 8 months ago
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