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CA Foundation doubt

This is practical question 1 in pg no 7.64 Can you help me with how to calculate depreciation in this sum. Here rs.9000 furniture there and in adjustment we add extra 10000 we will get total 19000 fur

Image attached to the doubt: This is practical question 1 in pg no 7.64 Can you help me with how to…

Asked by S20 Jun 2024290 views

3 answers

  1. Manju · 20 Jun 2024

    Not 3÷4 it is 3 ÷12,then the answer will be 250+900=1150

  2. Manju · 20 Jun 2024

    Just check the date mentioned And depreciation is charged when it is ready to use

  3. Prem · 20 Jun 2024

    Because the new furniture is bought in January and the closing year is march so the B/S furniture's depreciation is 900 and add the new furniture depreciation which is 10000×10%×3÷4 = 225 so 900+225 =1,125

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