[ISC] Q 5, 6 Solution Depreciation TS Grewal Class 11 (2026-27)
Solution of Question number 5 and 6 Depreciation TS Grewal class 11 ISC 2026-27.
Q. 5. Kapil & Co. purchased machinery for ₹ 21,000 on 1st April, 2020. The estimated useful life of the machinery is 10 years, after which its realisable value will be ₹ 1,000. Determine the amount of annual depreciation according to the Straight Line Method and prepare Machinery Account for the first three years. The books of account are closed on 31st March every year.
Solution:-
Q. 6. On 1st April, 2020, Sanjay purchased machinery for ₹ 40,000 and spent ₹ 5,000 on its installation. Estimated useful Life of the Machinery is 10 years with a scrap value of ₹ 5,000. Calculate depreciation as per Straight Line method and show Machinery Account of first three years. The books are closed on 31st March every year.
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