Question

ul Iur three years ending 31st March, 2018.
su. Un 13 January, 2017, Golden Transport Co. purchased a truck for 4,00,000. On 15 July
2018. this truck was involved in an accident and was completely destroyed and * 2,00,000
were received from Insurance Company in full settlement. On the same date, another truck
was purchased by the company for 5,00,000. The company writes off 20% p.a. depreciation
on written down value method. Accounts are closed each year on 31 March
Show the Truck Account for the years 2016-17 to 2018-19.
31. Chetan Printers purchased
37.​

Answer 1

Answer:

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