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Android Ltd . purchased on 0 1 / 0 1 / 2 0 1 9 a plant for Rs . 5 8 , 0 0
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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