Particular | 31st March, 2019 Amount (Rs.) | 31st March, 2018 Amount (Rs.) |
Plant and Machinery | 10,00,000 | 8,50,000 |
Investment (Long-term) | 1,00,000 | 40,000 |
Land (At Cost) | 1,00,000 | 2,00,000 |
Additional Information:
1. Depreciation charged on Plant and Machinery Rs. 50,000.
2. Plant and Machinery with a Book Value of Rs. 60,000 was sold for Rs. 40,000.
3. Land was sold at a profit of Rs. 60,000.
4. No investment was sold during the year.
SOLUTION