Accountancy, asked by anchaljain1907, 11 months ago

Provide 10% depreciation on furniture costing Rs.10,000.
Provide 10% interest on capital amounting to Rs.2,00,000.

Answers

Answered by DRITHISUBRAMANI

0

Answer:

Explanation:

depreciation on furniture=10000*10%=1000

decrease from profit&loss account in debit side and than decrease from furniture

interest on capital=2,00,000*10%=20000

add to partners capital account

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