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10% Depreciation on Furniture ₹ 12,000/- 3 Months - Book Keeping and Accountancy

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प्रश्न

10% Depreciation on Furniture ₹ 12,000/- 3 Months

योग
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उत्तर

10 % p.a. Depreciation on Furniture ₹ 12,000/- 3 Months

Depreciation = Cost of Asset × Rate × Period

`= 12,000 xx 10/100 xx 3/12`

= ₹ 300 Depr. for 3 months

Thus, Depreciation on furniture @10% on ₹ 12,000 for 3 months = ₹ 300.

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