Question

Q.1 Short Answer Type Questions: (A) A company provides depreciation under the straight-line method at the rate of 10% p.a. The balance standing in the Plant and Machinery Account on 31st Dec, 2005, after writing off depreciation for the year, was Rs 1,95,150 (total cost price of the plant was Rs 3,58,000). During January 2006 new plant was purchased at cost of Rs 29,500 and one machine which had cost Rs 5,500 in 2004 was sold as scrap for Rs 400. During January 2007, there were additions costing Rs 18,000 and a machine which had cost Rs 7.000 in 2002 was sold for Rs 3,500. Write up Plant and Machinery Account for 2006 and 2007​

Answer 1

Answer:

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Explanation:

yeh toh answer hai muje vishwas hai aap kar sakte ho mai aapko motivate kar sakta hu kyuki mujhe bhi nhi aata iska answer

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