Question

10. The Hindustan Gas Co. rebuilt and re-equipped a
part of their works at a cost of 7,80,000. The
cost of this part thus superceded its original cost
3,00,000. 10,000 were received from sale of
old material and 720,000 have been used in the
reconstruction, which is not included in the cost
of 7,80,000
Give necessary Journal entries in the books
of the Co.​

Answer 1

Answer:

0. The Hindustan Gas Co. rebuilt and re-equipped a

part of their works at a cost of 7,80,000. The

cost of this part thus superceded its original cost

3,00,000. 10,000 were received from sale of

old material and 720,000 have been used in the

reconstruction, which is not included in the cost

of 7,80,000

Give necessary Journal entries in the books

of the Co.

Explanation:

0. The Hindustan Gas Co. rebuilt and re-equipped a

part of their works at a cost of 7,80,000. The

cost of this part thus superceded its original cost

3,00,000. 10,000 were received from sale of

old material and 720,000 have been used in the

reconstruction, which is not included in the cost

of 7,80,000

Give necessary Journal entries in the books

of the Co.0. The Hindustan Gas Co. rebuilt and re-equipped a

part of their works at a cost of 7,80,000. The

cost of this part thus superceded its original cost

3,00,000. 10,000 were received from sale of

old material and 720,000 have been used in the

reconstruction, which is not included in the cost

of 7,80,000

Give necessary Journal entries in the books

of the Co.

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