Question

9. Furniture as on 31st March, 2019*4,40,000.Furniture (having Book value as on 1st April, 2018 of 40,000)
sold at a loss of 20% on 31st December, 2018. Furniture is depreciated @ 10% p.a. Furniture costing
*3,00,000 was also purchased on 1st October, 2018. Calculate Loss on sale of furniture.
(a) 9,400
(b) * 6,400
(c) 8,000
(d) 7,400​

Answer 1

Option b I hope your answer

$........$