A water supply company had to replace a quarter of its mains and lay auxiliary mains for the remaining length. The total cost of old mains is Rs. 25,00,000. The cost of auxiliary mains is Rs.22,50,000 and that of the new mains has gone up by 30%. The amount spent on replacement is Rs.8,75,000. Journalize.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A water supply company had to
replace a quarter of its mains and lay
auxiliary mains for the remaining
length. The total cost of old mains is
Rs.25,00,000. The cost of auxiliary
mains is Rs.22,50,000 and that of the
new mains has gone up by 30%. The
amount spent on replacement is
Rs.8,75,000. Journalize.
Do not copy from Chegg otherwise, i
have to report
Transcribed Image Text:A water supply company had to replace a quarter of its mains and lay auxiliary mains for the remaining length. The total cost of old mains is Rs.25,00,000. The cost of auxiliary mains is Rs.22,50,000 and that of the new mains has gone up by 30%. The amount spent on replacement is Rs.8,75,000. Journalize. Do not copy from Chegg otherwise, i have to report
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