Question

Azad Ltd purchased furniture on October 1 2012 for 450000 March 1 2013 purchased another furniture for 300000 July 1 2014 it sold off the first furniture purchased in 2012 for 225000 Depreciation is provided at 15% p.a On SLM each year Accounts are closed each year on March 31 Prepare furniture account and accumulated depreciation account for the year ended on March 31 2014 and March 31 2015

Answer 1

Answer:

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