H-w 15. A company purchased 3 motorcycles at Rs. 2,00,000 each on January 1, 2017. The company purchased other two motorcycles at a cost of Rs. 6,00,000 on July 1, 2017. On December 31, 2019, the company sold 2 motorcycles, purchased on January, 1 2017 for Rs. 3,50,000. Accounts of the company are closed at the end of December each year and depreciation is charged at 15% per annum using fixed installment method. Required: Motorcycle account for first three years.
