Question

ler
A
company purchased furniture on 1st Jan 2007 for Rs.1,00,000. Another
furniture costing Rs.50,000 was purchased on 1st July 2008. On 1st July
2009, the furniture purchased on 1st Jan 2007 was sold for Rs 69,000 and
on the same date new furniture costing Rs 70,000 was purchased
.
Depreciation is written off 10% p.a. under diminishing balance method.
Required: Furniture account for the first 3 years​

Answer 1

1st furtinure pe 900 ka loss h or second pe