Question

"How
Q.2) Aniket Trading Company, Nagpur purchased Furniture
on 1st April 2002 for Rs.50,000. In the same year additional
furniture was purchased for Rs.20,000 on 1st October 2002.
On 1st October 2003, the furniture purchased on 1st April
2002 was sold for Rs.30,000 and on the same date new
furniture was purchased for Rs.24,000. The company charge
depreciation @ 8% p.a.on Diminishing Balance Method.
Show working chart and sequence for 3 years.​

Answer 1

Answer:

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Explanation:

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