Question

4. On 1st April, 2017 X Ltd. Purchased a plant & machinery for rs. 43,000. It was
estimated that the effective life of the plant & machinery will be 10 years and after 10 years its scrap value will be rs 3,000.
On 1st April, 2018 the Co. purchased one additional plant for rs 25,000 of which the effective life will be 15 years and scrap value rs2,500.
On 1st Oct. 2019 a new machine was purchased for rs 12,000 of which the scrap value will be rs 2,000 and effective life 20 year.
Show the plant & machinery Account up to 31st March 2021, if depreciation is
provided according to straight line method on 31st March every year.
Ans. (Balance of Machinery Alc 58,750)​

Answer 1

this is the answer of question in photo