On Jan 01, 2012 Jain & Sons purchased a second hand plant costing `Rs.` 2,00,000 and spent `Rs.` 10,000 on its overhauling. It also spent `Rs.` on transportation and installation of the plant. It was decided to provide for depreciation @ `20%` on written down value. The plant was destroyed by fire on July 31, 2015 and an insurance claim of `Rs.` 50,000 was adimitted by the insurance company. Prepare plant account, accumulated depreciation account and plant disposal account assuming that the company closes its books on December 31, every year.

M/s Sahani Enterprises acquired a printing machine for Rs. 40,000 on July 01, 2014 and spent Rs 5,000 on its transport and installation, Another machine for Rs. 35,000 was purchased on January 01. 2016 . Depreciation is charged at the rat of 20% on witten down value. Prepare Printing Machine account

Reliance Ltd. Purchased a second hand machine for Rs. 56,000 on October 01, 2011 and spent Rs. 28,000 on its overhaul and installation before putting it to operation. It is expected that the machine can be sold for Rs 6,000 at the end of its useful life of 15 years. Moreover an estimated cost of Rs. 1,000 is expected to be incurred to recover the salvage value of Rs. 6,000 Prepare machine account and Provision for depreciation account for the first three years charging depreciation by fixed installment Method. Accounts are closed on March 31, every year.

On 1st October, 2015, Ram & Bros. purchased a second-hand machine for Rs 1,80,000 and spent Rs 20,000 on its repair and installation. On 30th September, 2018, the machinery was sold for Rs 1,40,000 and an amount of Rs 4,000 was paid as dismantling charges. The books are closed on 31st March every year and depreciation is charged "@ " 10% p.a. on the written down value. Show Machinery Account from the date purchase of machinery till the date of sale of machinery.

On April 01, 2010, Bajrang Marbles purchased a Machine for Rs. 1,80,000 and spent Rs. 10,000 on it s carriage and Rs. on its installation. It is estimated that its working life is 10 years and after 10 years its scrap value will be Rs. 20,000 (a) Prepare Machine account and Depreciation account for the first four years by providing depreciation on straight line method. Accounts are closed on March 31st every year (b) Prepare Machine account, Depreciation account and Provision for depreciation account (or accumulated depreciation account) for the first four years by providing depreciation using straight line method accounts are closed on March 31 every year.

A Plant was purchased on 1st July, 2015 at a cost of Rs. 3,00,000 and Rs. 50,00 were spent on its installation. The depreciation is written off at 15% p.a. on the straight line method. The plant was sold for Rs. 1,50,000 on October Rs. 4,00,000. including purchasing value. The accounts are closed on December 31 every year. Show the machinery account and provision for depreciation account for 3 years.

On July 01, 2010, Ashok Ltd. Purchased a Machine for Rs. 1,80,000 and spent Rs. 12,000 on its installation. At the time of purchase it was estimated that the effective commercial life of the machine will be 12 years and after 12 years its salvage value will be Rs. 12,000 Prepare machine account and depreciation Account in the books of Ashok Ltd. For first three years, if depreciation is written off according to straight line method. The account are closed on December 31st, every year