35. On 1st Jan. 2017, Panjim Dryfruits Ltd. bought a plant for ₹15,00,000. The company writes off depreciation @ 20% p.a. on Written Down Value Method and closes its books on 3Ist March every year. On 1st Oct. 2019, a part of the plant purchased on 1st Jan. 2017 for ₹3,00,000 was sold for ₹1,75,000. On 1st Jan. 2020 a fresh plant was purchased for ₹5,00,000. Prepare Plant A/c, Provision for Dep. A/c and Plant Disposal A/c.
D.K.Goel/2024 Edition/Practical Questions/Q-35
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company
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