ABC Ltd. Purchased a plant on 1st April, 2017 for Rs 1,00,000. On 1st October, 2017, an additional plant was purchased costing Rs 50,000 plus CGST and SGST `"@ "6%` each. On 1st October, 2018 the plant purchased on 1st April, 2017, having become obsolete, was sold for Rs 40,000, charging CGST and SGST `"@ "6%` each. Depreciation is provided `"@ "10%` p.a. on cost on 31st March every year. Show the Machinery, Machinery Disposal and Provision for Depreciation Accounts for the years ended 31st March, 2018 and 2019. Also show CGST and SGST Accounts for the two years.

Modern Ltd. Purchased a machinery on 1st August, 2016 for Rs 60,000. On 1st October, 2017, it purchased another machine for Rs 20,000 plus CGST and SGST "@ "6% each. On 30th June, 2018, it sold the first machine purchased in 2016 for Rs 38,500 charging IGST "@ "12% . Depreciation is provided "@ " 20% p.a. on the original cost each year. Account are closed on 31st March every year. Prepare the Machinery Account for these years.

On 1st July, 2016, Sohan Lal & Sons purchased a plant costing Rs 60,000. Additional plant was purchased on 1st January, 2017 for Rs 40,000 and on 1st October, 2017, for Rs 20,000, plus CGST and SGST "@ "6% each. On 1st April, 2018, one-third of the plant purchased on 1st July, 2016, was found to have become obsolete and was sold for Rs 6,000, charging CGST and SGST "@ "6% each. Prepare the Plant Account for the first three years in the books of Sohan Lal & Sons. Depreciation is charged "@ "10% p.a. on Straight Line Method. Accounts are closed on 31st March each year.

Following balances appear in the books of Dinesh, as on 1st April, 2018: {:("Machinery Account", " Rs 8,00,000,"):} {:("Provision for Depreciation Account", " Rs 3,10,000."):} On 1st July, 2018, a machinery which was purchased on 1st April, 2015 for Rs 1,20,000 was sold for Rs 50,000 plus CGST and SGST "@ " 6% each and on the same date another machinery was purchased for Rs 32,000 plus CGST and SGST "@ "6% each. The firm charges depreciation "@ " 15% p.a. On Original Cost Method and closes its books on 31st March every year. Prepare Machinery Account and Provision for Depreciation Account for the year 2018-19. Also, pass Journal entry for the sale of machinery.

A company purchased machinery for Rs 2,00,000 on 1st April, 2016. The machinery is depreciated " @ "10% p.a. of cost. On 1st October, 2018, the machinery was sold for Rs 1,20,000. Draw the Machinery Account for the years ended 31st March 2017, 2018 and 2019.

On 1st April, 2016 a firm purchased machinery for Rs 3,00,000. On 1st October, 2016, additional machinery costing Rs 1,50,000 was purchased on 1st October, 2017, the machinery purchased on 1st April, 2016 having become obsolete, was sold for Rs 1,35,000. On 1st October, 2018, new machinery was purchased for Rs 3,75,000 while the machinery purchased on 1st October, 2016 was sold for Rs 1,27,500 on the same day. The firm provides depreciation on its machinery "@ " 10% per annum on original cost on 31st March every year. Show Machinery Account, Provision for Depreciation Account and Depreciation Account for the period of three accounting years ending 31st March, 2019.

On 1st April 2018, X's Capital was 2,00,000. On 1st October 2018, he introduces additional capital of Rs.1,00,000. Interest on capital @6% p.a. on 31st March, 2019 will be :

Babu purchased on 1st April, 2017, a machine for Rs 6,000. On 1st October, 2017, he also purchased another machine for Rs 5,000. On 1st October, 2018, he sold the machine purchased on 1st April, 2017 for Rs 4,000. It was decided that Depreciation "@ "10% p.a. was to be written off every year under Diminishing Balance Method. Assuming the accounts were closed on 31st March every year, show the Machinery Account for the years ended 31st March, 2018 and 2019.

On 1st April, 2015, A Ltd. Purchased a machine for Rs 2,40,000 and spent Rs 10,000 on its erection. On 1st October, 2015, an additional machinery costing Rs 1,00,000 was purchased. On 1st October, 2017, the machine purchased on 1st April, 2015was sold for Rs 1,43,000 and on the same date, a new machine was purchased at a cost of Rs 2,00,000. Show the Machinery Account for the first four financial years after charging Depreciation at 5% p.a. by the Straight Line Method.

Green Ltd. purchased a machinery on 1st August, 2015 for Rs 60,000. On 1st October, 2016, it purchased another machine for Rs 20,000. On 30th June, 2017, it sold the first 'machine for Rs 38,500 and on the same date purchased a new machinery for Rs 50,000. Depreciation is provided "@" 20% p.a. on cost each year. Accounts are closed each year on 31st March. Show the Machinery Account for three years.

Astha Engineering Works purchased a machine on 1st July, 2015 for Rs 1,80,000 and spent Rs 20,000 on its installation. On 1st April, 2016, it purchased another machine for Rs 2,40,000. On 1st October, 2017, the machine purchased on 1st July, 2015 was sold for Rs 1,45,000 plus CGST and SGST "@ "6% each. On 1st January, 2018, another machine was purchased for 4,00,000 plus IGST "@ "12% . Prepare the Machinery Account for the years ended 31st March, 2016 to 2018 after charging Depreciation "@ "10% p.a. by Diminishing Balance Method. Accounts are closed on 31st March every year.