% p.a. on Written Down Value basis.
On
ery
ed
On 1st June 2016, Popular Ltd. purchased a plant for 9,00,000. On 1st December, 2018, a part of the plant
purchased on 1st June, 2016 for 1,50,000 was sold for ? 60,000. On 1st January, 2019 a new plant was
purchased for 3,00,000. Depreciation is provided @ 10% p.a. by Diminishing Balance Method. The books
e dosed on 31st March every year. Prepare Plant Account and Provision for Depreciation Account for the
relevant years
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80%its correct its noy
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