Preparation of final accounts of sole proprietor

Accountancy

Can anyone please tell me how 750 rs is calculated as the depreciation of furniture

Divinne Fiona

CA Inter

★ 9K+

28-Sep-23 17:27

649

Answers (3)

Value of furniture given in TB 10,000 Depreciated @7.5% given in adjustment 10000*7.5/100=750

Shrikant

CA Inter

★ 1K+

28-Sep-23 18:04

Office Furniture depreciation rate 7.5% p.a. Depreciation on office furniture = 10,000 * 7.5/100 = 750

Sanjai B

CA Final

★ 1K+

28-Sep-23 18:09

Thankyou guys 🙏🙏

Thread Starter

Divinne Fiona

CA Inter

★ 9K+

29-Sep-23 22:15