[ISC] Q 25, 26 Solution Depreciation TS Grewal Class 11 (2026-27)
Solution of Question number 25 and 26 Depreciation TS Grewal class 11 ISC 2026-27.
Q. 25. Hari & Sons purchased machinery for ₹ 40,000 on 1st October, 2023. Depreciation is provided @ 10% p.a. on the diminishing balance. On 31st January, 2026, one-fourth of the machinery was found unsuitable and was sold for ₹ 5,600. On the same date, new machinery for ₹ 15,000 was purchased. Write up the Machinery Account for the three years ending on 31st March, 2026.
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Q. 26. Shyam bought a machine for ₹ 25,000 on which he spent ₹ 5,000 for carriage and freight, ₹ 1,000 for brokerage of the middleman, ₹ 3,500 for installation and ₹ 500 for an iron pad. The machine is depreciated @ 10% every year on Written Down Value Basis. After three years, the machine was sold to Y for ₹ 30,500 and ₹ 500 were paid as commission to the broker through whom the sale was affected. Find out the gain (Profit) or loss on sale of Machine.
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