[ISC] Q 9, 10 Solution Depreciation TS Grewal Class 11 (2026-27)
Solution of Question number 9 and 10 Depreciation TS Grewal class 11 ISC 2026-27.
Q. 9. Shyam Enterprises purchased a second-hand machine for * 5,00,000 and spent 1,00,000 on its repairs. Depreciation is to be provided @ 10% p.a. as per Straight Line Method.This machine is sold for ₹ 4,50,000.
Accounting year is financial year. Calculate profit or loss on sale of machine in each of the following alternative cases:
| Case | Date of Purchase | Date of Sale |
| (a) | 1st April, 2023 | 31st March, 2026 |
| (b) | 1st April, 2023 | 30th Sept., 2025 |
| (c) | 1st July, 2023 | 31st March, 2026 |
| (d) | 1st July, 2023 | 30th Sept., 2025 |
Solution:-
Q. 10. On 1st April, 2022, Bhushan purchased a machine for ₹ 2,40,000 and spent ₹ 10,000 on its installation. On 1st October, 2019, another machinery costing ₹ 1,00,000 was purchased. On 1st October, 2024 the machine purchased on 1st April, 2022 was sold for ₹ 1,43,000 and on the same date, a new machine was purchased at a cost of ₹ 2,00,000.
Show Machinery Account for the first four financial years after charging depreciation @ 5% p.a. by the Straight Line Method.
Solution:-
