[CBSE] Q 27 Depreciation Solutions TS Grewal Class 11 (2022-23)

Share your love

Are you looking for a solution of Question number 27 of the Depreciation chapter TS Grewal Class 11 CBSE Board for the 2022-23 Session?

On 1st Apirl, 2014, Veeru Ltd. purchased a machinery for ₹ 2,50,000 and spent ₹ 50,000 on its installation. On 1st July, 2016, 1/3rd of machinery purchased on 1st April, 2014 was sold for ₹ 15,000 and a new machinery at the cost of ₹ 2,00,000 was purchased on the same date. The company has adopted the method of providing depreciation @ 15% p.a. on Straight Line Method. Show the Machinery Account, Provision for Depreciation Account and Machinery Disposal Account for three years ended on 31st March, 2015 to 31st March, 2017.

[Depreciation: 2014 – 15 – ₹ 45,000; 2015 – 16 – ₹ 45,000; 2016 – 17 (₹ 3,750 + ₹ 52,500) – ₹ 65,250; Loss on sale – ₹ 51,250; Balance of Machinery Account as on 31st March, 2017 – ₹ 4,00,000; Balance of Provision for Depreciation Account – ₹ 1,12,500.]

Solution:-

Following is the list of all solutions of depreciation chapter of ts Grewal CBSE for the 2022-23 session.

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
S.NSolutions
21Question – 21
22Question – 22
23Question – 23
24Question – 24
25Question – 25
26Question – 26
27Question – 27
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7203

Leave a Reply

Your email address will not be published. Required fields are marked *

x