Question

your writing partner
Page No.
Date
Bolve the first llustration under Diminishing Balance
Method
Truck No.1 was purchased on 1st April 2016 for Rs 20,000
Truck No. 2 was pouchased on 1st Oct. , 2016 for Rs 18000
Truck No 3 was purchased on 1st April, 2018 for Rs 12,90
Truck No. 4 was purchased on 1st Oct, 2011 for Rs 10,500
You are required to write
up
the motor vehicles
Account for the years from 2016 to 2019 Deperication
cis written off at the rate of 20% per annum on
the Diminishing Balance Method
.​

Answer 1

Answer:

EDiminishing Balance

Method

Truck No.1 was purchased on 1st April 2016 for Rs 20,000

Truck No. 2 was pouchased on 1st Oct. , 2016 for Rs 18000

Truck No 3 was purchased on 1st April, 2018 for Rs 12,90

Truck No. 4 was purchased on 1st Oct, 2011 for Rs 10,500

You are required to write

up

the motor vehicles

Account for the years from 2016 to 2019 Deperication

cis written off at the rate of 20% per annum on

the Diminishing Balance Method

.​xplanation: