Question

A car is purchased for Rs. $3,40,000$, excluding Rs. $4,000$$onNumberplate,Rs.$20,000$onRegistrationandRs.$6000$ paid for one time parking charges levied by the Delhi Government. The amount debited to Car amount should be _____________.

• A. Rs. $3,60,000$
• B. Rs. $3,50,000$
• C. Rs. $3,40,000$
• D. Rs. $3,70,000$

Answer 1

The correct option is D Rs. $3,70,000$

Total amount debited to car account $=$ Purchase cost + Number plate charges + Registration charges + parking charges

Total amount debited to car account $=$ Rs. 3,40,000 + Rs. 4,000 + Rs. 20,000 + Rs. 6,000

Total amount debited to car account $=Rs.3,70,000$