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1) Following balances are extracted from the trail balance of ABC Enterprises as at 1 April 2018. Furniture Rs. 800,000 Accumulated depreciation Rs. 200,000 Depreciation
1) Following balances are extracted from the trail balance of ABC Enterprises as at 1 April 2018. Furniture Rs. 800,000 Accumulated depreciation Rs. 200,000 Depreciation rate is 15% p.a Furniture which purchased cost Rs. 500,000 on 1st July 2017, has been sold for 300,000 on 1st October 2018. Calculate the disposal profit and depreciation for the year ended 31st March 2019 with the relevant accounts
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John E Freunds Mathematical Statistics With Applications
Authors: Irwin Miller, Marylees Miller
8th Edition
978-0321807090, 032180709X, 978-0134995373
