On 1st April, 2005, Star Paper Limited purchased a plant for Rs. 1,50,000 and paid Rs. 10,000
Question:
On 1st April, 2005, Star Paper Limited purchased a plant for Rs. 1,50,000 and paid Rs.
10,000 as freight on its carriage. Depreciation was provided at 10% per annum on the written down value method on this plant. On 1st July, 2008, this plant was sold for Rs.
80,000.
Prepare Plant A/c from 2005 to 2008.
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