Question

vues uepreciation of Rs. 769.50 and Loss on sale of Rs. 1,020.50
20. A company purchased a second hand plant for Rs. 30,000 and immediately spent
Rs. 5,000 on repairs. The plant was put to use on January 1985. After using it for six years
it was sold for Rs. 15,000. You are required to prepare the plant A/c for 6 years providing
depreciation at 10% on diminishing balance method. Accounts are closed on 31st dec.​

Answer 1

Answer:

1985 after using the for its 60 years it was called