On 1st April 2011, X Ltd. purchased a plant for ` 5,00,000. On 1st July 2013, a part
of plant purchased for ` 70,000 on 1st April 2011 was sold for ` 40,000 and a fresh
plant was purchased for ` 1,00,000. Depreciation is provided @20% p.a. on reducing
balance method and books of accounts are closed on 31st December each year.
Prepare Plant A/c., Provision for Depreciation A/c and Plant Disposal A/c.
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What a silly question .
Anyone give the answer .
don't again ask answer for this question.
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