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प्रश्न
10% p.a. Depreciation on Furniture ₹ 50,000 (for three months)
उत्तर
10 % p.a. Depreciation on Furniture ₹ 50,000 (for three months)
Depreciation = Cost of Asset × Rate × Period
`= 50,000 xx 10/100 xx 3/12`
= ₹ 1250 Depr. for 3 months
Thus, Depreciation on furniture @10% on ₹ 50,000 for 3 months = ₹ 1250.
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| Balance Sheet as on 01.04.2018 | |||||
| Liabilities | Amt. ₹ | Amt. ₹ | Assets | Amt. ₹ | Amt .₹ |
|
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20,000 | Outstanding Subscription | |||
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| 2016 - 17 | 23,000 | 4,84,000 | |||||
| 2017 - 18 | 30,000 | ||||||
| 2018 - 19 | 4,10,000 | ||||||
| 2019 - 20 | 21,000 | ||||||
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31.12.2018 ₹ |
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| Dr. | Receipts and Payments Account for the year ending 31st March 2020 |
Cr. | ||||
| Receipts | Amount ₹ |
Amount ₹ |
Payments | Amount ₹ |
||
| To Balance b/d | 7,000 | By Stationery | 8,000 | |||
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