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The LG transport company purchased 10 trucks of 4500000 each on 1st April 2014.on October 1st 2016, one of the trucks is involved in the accident and is completely destroyed and 2700000 is received from the insurance in full settlement. On the same date another truck is purchased by the company observe the calendar year as its financial year. Give the motor truck account for two year ending 31 Dec, 2017 Related: Depriciation Accounting, Fundamentals of Accounting for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The LG transport company purchased 10 trucks of 4500000 each on 1st April 2014.on October 1st 2016, one of the trucks is involved in the accident and is completely destroyed and 2700000 is received from the insurance in full settlement. On the same date another truck is purchased by the company observe the calendar year as its financial year. Give the motor truck account for two year ending 31 Dec, 2017 Related: Depriciation Accounting, Fundamentals of Accounting covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The LG transport company purchased 10 trucks of 4500000 each on 1st April 2014.on October 1st 2016, one of the trucks is involved in the accident and is completely destroyed and 2700000 is received from the insurance in full settlement. On the same date another truck is purchased by the company observe the calendar year as its financial year. Give the motor truck account for two year ending 31 Dec, 2017 Related: Depriciation Accounting, Fundamentals of Accounting.

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