On 1st July, 2017, Sohan Lal & Sons purchased a plant costing? 60,000.

1.	On 1st July, 2017, Sohan Lal & Sons purchased a plant costing? 60,000. An additional plant was purchasedon 1st January, 2018 for 40,000 and another on 1st October, 2018 for? 20,000. On 1st April, 2019,one-third of the plant purchased on 1st July, 2017 had become obsolete and was sold for 6.000.Prepare Plant Account for the first three years in the books of Sohan Lal & Sons. Depreciation is charged@ 10% p.a. by Straight Line Method. Accounts are closed on 31st March every year.
Answer» ANSWER: HEYAA this would HELP you! see the attachment!!

On 1st July, 2017, Sohan Lal & Sons purchased a plant costing? 60,000. An additional plant was purchasedon 1st January, 2018 for 40,000 and another on 1st October, 2018 for? 20,000. On 1st April, 2019,one-third of the plant purchased on 1st July, 2017 had become obsolete and was sold for 6.000.Prepare Plant Account for the first three years in the books of Sohan Lal & Sons. Depreciation is charged@ 10% p.a. by Straight Line Method. Accounts are closed on 31st March every year.

Answer»

HEYAA this would HELP you!

see the attachment!!