Question

The book value of Plant and Machinery of a firm shows 5,00,000 on 01.01.2018
One of the machinery which was purchased on 01.01.2017 at 250,000 is sold for
20.000 on 30.06.2018. In ple of this machine, another new machine was
purchased at 1,00,000 on 30.09.2018.
Show the plant and Machinery Account in the books of the firm for the year
ending on 31.12.2018, charging depreciation @ 10% p.a. on diminishing balance
method. (Year ending date 31" December).
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Answer 1

I don't know

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