[ISC] Q 32 Solution Depreciation TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 32 Depreciation TS Grewal class 11 ISC 2022-23?
The following information relates to Tit-Bit & Company’s Machinery Account:
| Balance of Machinery Account as on 1st April, 2019 Machinery purchased on 1st October, 2019 | 6,00,000 2,50,000 |
On 1st January, 2020, a machine, the original cost of which was ₹ 80,000 (Purchased on 1st July, 2018) was sold for ₹ 60,000.
Depreciation was charged @ 10% p.a. by Diminishing Balance Method. Show the Machinery Account in the books of Tit-Bit & Company for the year ended 31st March, 2020 and also the position of the Balance Sheet with respect to this asset.
Solution:-
Below is the list of all the Practical problems
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
