10. A plant is purchased for ₹60,000 on 1st April, 2016. It is estimated that the residual value of this plant at the end of its working life of 10 years will be ₹20,920. Depreciation is to be provided at 10% p.a. on diminishing balance method.

You are required to show the Plant Account for 4 years, assuming that the books are closed on 31st March every year.