Question

From the following particulars show the Trucks A/c for the years 1985 to 1989 charging depreciation at 20% p.a. on S.L.M.

Track No. I was purchased for Rs. 20,000 on 1.1.85; it was sold for Rs. 2,000 on

Truck no. 2 was purchased on 1.7.85 for Rs. 18,000

Truck no. 3 was purchased on 1.7.87 for Rs. 12,000

exchanged for a new truck no. 5 on 1.1.89, the cash price of the truck no. 5 was 10,000 on that date. Truck no. 4 was purchased on 1.7.87 for Rs. 10,500​

Answer 1

Answer:

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