Question

20. X limited company purchased on 1° April 2012 a plant for Rs. 40,000. On 1 July 2013 it purchased
additional plant costing Rs.20,000. On 19 November 2014 the plant purchased on 1 April 2012 was
sold Rs. 25,000 andon the same date fresh plant was purchased at the cost of Rs.60.000. Deprecation
is provided @ 10% per annum on the reducing balance method every year. Accounts are closed each
year on 31 March Show the plant account for first three accounting years​

Answer 1

I have made the sum just check the answer if it is right or not