Accountancy, asked by siddharthd000, 5 months ago

A company purchased a plant for Rs. 2,00,000 on 1st April 2010. It further spent Rs 10,000 on its installation . It was brought in use from 1st August 2010. Depreciation is written off at 10% p.a on a straight line method . On 31st December 2012 the plant is sold for Rs. 1,20,000. Prepare the plant account assuming that the books are clos
ed on 31st March each year​

Answers

Answered by Anonymous
1

Answer:

the books of Abhi

016

uly 1 Started business with 5,000 in cash and 2,500 worth of goods.

2 Opened a bank account and deposited 3,000.

2 Bought goods for cash 500.

5 Bought furniture from X on credit 3 500.

8 Sold goods for cash 750.

10 Sold goods to A on credit 1,350.

11 Received cash from A1,335 and allowed him discount * 15.

15 Purchased goods from C of the list price 800 subject to 12.5 percent trade discount

20 Gave away as charity cash 101 and goods worth 51.

22 Paid C690 in full settlement of his account.

25 Withdrew goods for personal use 200

26 Cash withdrawn from bank for office use * 400.

26 Purchased investments 1,500.

30 Paid rent 45 and salaries 100 for the month.

31 Received commission 125.plz answer me as soon as possible.

the books of Abhi

016

uly 1 Started business with 5,000 in cash and 2,500 worth of goods.

2 Opened a bank account and deposited 3,000.

2 Bought goods for cash 500.

5 Bought furniture from X on credit 3 500.

8 Sold goods for cash 750.

10 Sold goods to A on credit 1,350.

11 Received cash from A1,335 and allowed him discount * 15.

15 Purchased goods from C of the list price 800 subject to 12.5 percent trade discount

20 Gave away as charity cash 101 and goods worth 51.

22 Paid C690 in full settlement of his account.

25 Withdrew goods for personal use 200

26 Cash withdrawn from bank for office use * 400.

26 Purchased investments 1,500.

30 Paid rent 45 and salaries 100 for the month.

31 Received commission 125.plz answer me as soon as possible.

Explanation:

the books of Abhi

016

uly 1 Started business with 5,000 in cash and 2,500 worth of goods.

2 Opened a bank account and deposited 3,000.

2 Bought goods for cash 500.

5 Bought furniture from X on credit 3 500.

8 Sold goods for cash 750.

10 Sold goods to A on credit 1,350.

11 Received cash from A1,335 and allowed him discount * 15.

15 Purchased goods from C of the list price 800 subject to 12.5 percent trade discount

20 Gave away as charity cash 101 and goods worth 51.

22 Paid C690 in full settlement of his account.

25 Withdrew goods for personal use 200

26 Cash withdrawn from bank for office use * 400.

26 Purchased investments 1,500.

30 Paid rent 45 and salaries 100 for the month.

31 Received commission 125.plz answer me as soon as possible.

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