The following information up to 9 months i.e. 30th Magh of a renowned company who undertook a contract for erecting a sewerage treatment plant for Lalitpur Metropolitan for a total value of Rs…

The following information up to 9 months i.e. 30th Magh of a renowned company who undertook a contract for erecting a sewerage treatment plant for Lalitpur Metropolitan for a total value of Rs 2,000,000 are provided: • Material = Rs.300,000 • Wages = Rs.400,000 • Overhead = Rs.100,000 • Plant = Rs.200,000 • Work certified was for Rs.1,200,000 and 75% of the same was received in cash • Value of work uncertified was Rs.45,000 • Material at site as on 30th Magh = Rs.30,000 • Depreciation on plant is 15% per year • Ignore depreciation of plant for the use on uncertified portion of the work Required: a. Contract Account b. Contractee's Account c. Work in Progress Account d. Balance Sheet