Question

On 1st July, 2017, Sohan Lal & Sons purchased a plant costing? 60,000. An additional plant was purchased
on 1st January, 2018 for 40,000 and another on 1st October, 2018 for? 20,000. On 1st April, 2019,
one-third of the plant purchased on 1st July, 2017 had become obsolete and was sold for 6.000.
Prepare Plant Account for the first three years in the books of Sohan Lal & Sons. Depreciation is charged
@ 10% p.a. by Straight Line Method. Accounts are closed on 31st March every year.​

Answer 1

Answer:

heyaa this would help you!

see the attachment!!