Gaur associates bought a computer set on 01.04.2021 for 6,00,000 and charged depreciation @ 20% p.a. on diminishing balance method. They made…

Calculation of Depreciation Purchased on Apr. 1, 2021 (₹) Purchased on Apr. 1, 2022 (₹) Total WDV Total Depreciation (₹) 1-4-21 Cost 6,00,000 Depreciation (1,20,000) 1,20,000 Written Down Value (WDV) 4,80,000 4,80,000 1-4-22 Cost - 4,50,000 Depreciation (96,000) (90,000) 1,86,000 1-4-23 Written Down Value (WDV) 3,84,000 3,60,000 7,44,000 Depreciation (76,800) (72,000) 1,44,800 1-4-24 Written Down Value (WDV) 3,07,200 2,88,000 5,95,200 Computers Account Date Particulars Amount ₹ Date Particulars Amount ₹ 1-4-24 To Balance b/d 5,95,200 31-3-25 By Depreciation (74,400 + 37,500) 1,11,900 1-4-24 To Bank 3,00,000 31-3-25 By Balance c/d 7,83,300 8,95,200 8,95,200 1-4-25 To Balance b/d 7,83,300