Accountancy, asked by jyotiradityagupta78, 1 month ago

3. (Sale of Asset) X Ltd. bought furniture costing 40,000 on 1st April, 2017. On 1st July, 2019, furniture was sold for 30,000. Prepare furniture account assuming that depreciation as charged at 10% p.a. on straight line method and books were closed on 31st March each year.

Answers

Answered by vb2029974

1

Explanation:

method of accounting which records both aspect of transactions

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