Question: A manufacturer, who prepares his accounts to 31st December each year, debits all his purchases of machinery to a single Plant and Machinery Account, and writes off depreciation by fixed annual instalments from each asset.
*Re-printed by courtesy of the Royal Society of Arts (R.S.A.).
From the following details, prepare the Plant and Machinery Account for the years ended 31st December, 1959 to 31st December, 1962 inclusive.
