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Business, 18.03.2021 03:00 michaelmonroe9105

On baisakh1st 2058, furniture costing Rs.60,000 was purchased by C company and estimated to use upto next 10 years after that it may fetch 10% as scrap value. On 1* Kartik of 2059,
further purchased for Rs.1.00.000 and estimates to use another 10 years after it may produce
R$ 20,000 as scrap value. You are required to draw furniture account using Straight line method up
to 2061 account are closed on31st Chaitra.
(Ans: Balance: Rs.1, 18,400​

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