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Dear Student,
As no date is given for sale of furniture It is assumed that it is sold in the beginning of the financial year. So no depreciation is provided for sold furniture. For new furniture depreciation should be provided for 3 months only as purchased on 1st Jan.
Regards.
As no date is given for sale of furniture It is assumed that it is sold in the beginning of the financial year. So no depreciation is provided for sold furniture. For new furniture depreciation should be provided for 3 months only as purchased on 1st Jan.
Regards.