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- On 1st April, 2014, furniture costing 55,000 was purchased. It is estimated that its life is 10 years at the end of which it

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- On 1st April, 2014, furniture costing 55,000 was purchased. It is estimated that its life is 10 years at the end of which it will be sold far 5,000. Additions are made on 1st April 2015 and 1st October, 2017 to the value of 9,500 and 8,400 (Residual values 500 and 400 respectively). Show the Furniture Account for the first four years, if Depreciation is written off according to the Straight Line Method

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