Question

n 1st July, 2015, Geeta Paper Limited purchased a Plant for Rs 1,50,000 and paid Rs 10,000 as freight on its carriage. Depreciation was provided at 10% p.a. on the Written Down Value Method on this plant. On 1st Oct., 2018, this plant was sold for Rs 80,000.
Prepare Plant A/c for 4 years, assuming that the books are closed on 31st March every year.​

Answer 1

Answer:

— On 1st July, 2005, Geeta Paper Limited purchased a Plant for ₹ 1, 50,000 and paid ₹ 10,000 as freight on its carriage. ... T2: Rs 8,10,000 (includes the cost of 9 trucks)