Prob. 26. On 1.1.2007, a plant was purchased for Rs. 10,000, installation change [Ans:


Question:

Prob. 26. On 1.1.2007, a plant was purchased for Rs. 10,000, installation change
[Ans: Balance of Machinerybeing Rs. 2,000: On 172008 another Plant was purchased for Rs. 20,0001.4.2009 another plant was also purchased for Rs. 25,000, wages paid forinstallation amounted to Rs. 1,000; carriage paid for the plant amounted to4.000.Show the Plant Account up to 31st Dec. 2009 assuming that the rateddepreciation is 10% pa on Straight Line basis.Ans: Balance of Plant ARs 52 189 1​

 


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