Furniture and fixture

Make depreciation schedule of past years. Record assets and depreciation as prior period item.

Fixed assets Dr.

To General fund

Depreciation Dr. (accumulated depreciation)

To Fixed assets

Manish sir ,and the general fund will come under liability side of balance sheet right ....but this fund is not created out of cash/bank is it will to create such general fund account 

is it ok to create general fund by passing such entries  because we dont have general fund account . 

Credit Capital Fund.