CBSE Class 11-commerce Answered
In the Books of Harish Enterprise as on March
31,2015:
Plant gross value
Rs.7,00,000
Provision for Depreciation
Rs.1,00,000
A
plant purchased for Rs.2,00,000 on
November 01,2013 having accumulated depreciation amounted to Rs.80,000 was
sold on April 01,2015 for Rs.40,000. Show the Plant A/c and Plant
Disposal A/c for the year ended 31st March, 2016.
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
Expert Answer
Books of Harish Enterprise Plant Account |
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Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Amount Rs. |
Date |
Particulars |
J.F. |
Amount Rs. |
2015 |
|
|
|
2015 |
|
|
|
Apr 1 |
To Balance b/d |
|
7,00,000 |
Apr 1 |
By Plant Disposal A/c |
|
2,00,000 |
|
|
|
|
2016 |
|
|
|
|
|
|
|
Mar 31 |
By Balance c/d |
|
5,00,000 |
|
|
|
7,00,000 |
|
|
|
7,00,000 |
Plant Disposal Account
|
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Dr. |
|
|
|
|
|
|
Cr. |
Date |
Particulars |
J.F. |
Amount Rs. |
Date |
Particulars |
J.F. |
Amount Rs. |
2015 |
|
|
|
2015 |
|
|
|
Apr 1 |
To Plant A/c |
|
2,00,000 |
Apr 1 |
By Provision for Depreciation A/c |
|
80,000 |
|
|
|
|
Apr 1 |
By Bank A/c (sold) |
|
40,000 |
|
|
|
|
Answered by | 04 Aug, 2016, 03:26: PM CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
|