On October 01, 2011 Juneja Transport Company purchased 2 Trucks for `Rs.` 10,00,000 each. On
Channel: Doubtnut
Date: 2021-11-02

On October 01, 2011 Juneja Transport Company purchased 2 Trucks for `Rs.` 10,00,000 each. On July 01, 2013, One Truck was involved in an accident and was completely destroyed and `Rs.` 6,00,000. were recived from the insurance company in full settlement. On December 31, 2013 another truck was involved in an accident and destroyed partially, which was not insured. It was sold off for `Rs.`  1,50,000. On Jaunuary 31, 2014 company purchased a fresh truck for value every year. The books are closed every year on March 31. Give the truck account from 2011 to 2014