Accountancy, asked by Hamma1013, 22 days ago

On 1st April 2014, merchant purchased furniture costing Rs.55,000. It is estimated that its life is 10 years at the end of which it will be sold Rs.5,000. Additions are made on 1st April 2015 and 1st October 2017 to the value of Rs.9,500 and Rs.8,400 (Residual values Rs.500 and Rs.400 respectively). Show the Furniture Account for the first four years, if Depreciation is written off according to the Straight Line Method.

Answers

Answered by donjohnvkd
0

Answer:

1st April 2014 merchant purchase the digital straight line method remove the source of furniture account for the first for year respectively of the intimation formed in the value in of mast October 2017 9 Rs 9500 Edward C ditial values are spent on the furniture account for Rs 504

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