Out of insurance paid this year, ₹3,000 is related to next year.Provide depreciation @10% on furniture costing ₹10,000 for 9 months

A-Prepaid insurance acc dr To insurance premium
  • 4
Dep acc dr 750 To furniture acc 750
  • -1
Fino payment Bank customer care number ??8116504333Fino payment Bank customer care number ??8116504333
  • -1
Insurance A/c........dr 3000
To prepaid insurance A/c 3000


Depreciation A/c.......dr 750
To Furniture A/c 750
  • 0
What are you looking for?