Android Ltd. purchased on 01/01/2019 a plant for Rs.58,000 and spent Rs.4,000 for carriage and...
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Android Ltd purchased on a plant for Rs and spent Rs for carriage and brokerage. On it purchased additional plant costing Rs On the plant purchased on was sold for Rs and on the same date a new plant was purchased for Depreciation is provided at per annum on diminishing balance method every year. Accounts are closed on st December every year. Prepare depreciation schedule for years showing separately profit or loss on sale of plant.
Android Ltd purchased on a plant for Rs and spent Rs for carriage and brokerage. On it purchased additional plant costing Rs On the plant purchased on was sold for Rs and on the same date a new plant was purchased for Depreciation is provided at per annum on diminishing balance method every year. Accounts are closed on st December every year. Prepare depreciation schedule for years showing separately profit or loss on sale of plant.
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