Azad Ltd. purchased furniture on October 01, 2014 for `Rs.` 4,50,000. On March 01, 2015 it purchased another furniture for `Rs.` 3,00,000,. On March sold off the first furniture purchased in 2014 for `Rs.` 2,25,000. Depreciation is provided at 15% p.a. on written down value method each year. Accounts are closed each year on March 31. Prepare furniture account, and accumulated depreciation account for the years ended on March 31, 2015, March 31, 2016 and March 31, 2017. Also give the above two accounts if furniture disposal account is opened.

Explanation

Loss on sale of furniture`Rs.` 1,15,546