[ISC] Q 20 Solution Depreciation TS Grewal Class 11 (2023-24)
Solution of Question number 20 Depreciation TS Grewal class 11 ISC 2023-24?
A boiler was purchased from abroad for ₹ 10,000. Shipping and forwarding charges ₹ 2,000, Customs Duty ₹ 7,000 and expenses of installation amounted to ₹ 1,000.
Calculate depreciation for each of the first three years @ 10% p.a. as per Diminishing Balance Method.
![](https://commerceschool.in/wp-content/uploads/2023/10/q20-3-1024x121.webp)
Solution:-
![](https://commerceschool.in/wp-content/uploads/2022/11/1-73-1024x556.webp)