Accountancy, asked by Anonymous, 18 days ago

Adjustments in preparation of financial statements.
Question is given in attachment. Solve it ASAP.

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Answered by AllenGPhilip

3

Answer:

Explanation:

Working notes:

Dep on furniture

opening = 9,000

(+) Purchase on 01-01-2020 = 10,000

9,000 × 10% = 900

(+) 10,000 × 10% × (³/₁₂) = 250

Dep = 1,150

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