[CBSE] Q 20 Depreciation Solutions TS Grewal Class 11 (2023-24)

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Are you looking for a solution of Question number 20 of the Depreciation chapter TS Grewal Class 11 CBSE Board for 2023-24 Session.

A company purchased a machine for ₹ 50,000 on 1st October, 2020. Another machine costing ₹ 10,000 was purchased on 1st December, 2021. On 31st March, 2023, the machine purchased in 2019 was sold at a loss of ₹ 5,000. The company charged depreciation @ 15% p.a. on Diminishing Balance Method. Accounts are closed on 31st March every year. Prepare the Machinery Account for 3 years.

[Balance of Machinery A/c (31st March, 2023 (Mach. II) – ₹ 8,075.]

[Hint: Sale Price Realised – ₹ 28,415; Book Value of Machinery (31st March, 2023) = ₹ 33,415.]

Solution:-

Following is the list of all solutions of the depreciation chapter of ts Grewal CBSE for the 2023-24 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
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Anurag Pathak

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