[ISC] Q 24 Non-Trading Organisation Solution TS Grewal Class 11 (2023-24)

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Solution of Question number 24 Non Trading Organisation (NPO) Chapter TS Grewal class 11 ISC Board for 2023-24 Session?

Delhi Youth Club has furniture at a value of ₹ 2,20,000 in its book on 31st March, 2022. It sold old furniture, having book value of ₹ 20,000 as at 1st April, 2022 at a loss of 20% on 31st December, 2022. Furniture is to be depreciated @ 10% p.a. Furniture costing ₹ 1,50,000 was also purchased on 1st October, 2022.

Prepare Furniture Account for the year ended 31st March, 2023.

Solution:-

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Anurag Pathak

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