Q.30. On 1st Jan. 1990 Asoka Ltd. Purchased furniture costing Rs.1,00,000. On April 1st,
1993 the furniture was sold for Rs.20,000. Prepare furniture account calculating
depreciation @10% p.a. on original cost method. Accounts are closed on 31st Dec. each
year.
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machinery account is given in the image.
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