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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 4 years, 9 months ago

CBSE > Class 11 > Accountancy

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