charged depreciation on furniture 10% p.a.for one month journal entry
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Deprication account dr
To furniture account
[being depriciation on furniture ]
Note :- Depriciation is debit because its the loss ..as we know dr all expenses and losses
in your question the amount is not given for whom amount 1 month and 10% is depriciated...
Answered by
6
Depreciation account dr
To furniture account
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