On October 01.2001 Juneja Transport Company purchased 2 trucks for Rs. 10,00,000 eash. ON July 01, 2003, One Truck was involved in as accident and was completely destroyed and Rs. 6,00,000 were received from the insurance company in full settlement. On December 31.2003 another truck was involved in an accident and destroyed partially, which was not insured. It was sold *** for Rs. 1,50,000. On January 31, 2004 company purchased a fresh truck for Rs. 12,00,000. Depreciation is to be provided at 10% p.a. on the written down value every year. The books are closed every year on March 31. Give the truck account from 2001 to 2004.
