Solution of Question number 30 Depreciation TS Grewal class 11 ISC 2023-24? M/s P & Q purchased machinery for ₹ 40,000 on 1st October, 2020. Depreciation is provided @ 10% p.a. on the diminishing balance. On 31st January, 2023, one-fourth…
Solution of Question number 29 Depreciation TS Grewal class 11 ISC 2023-24? Astha Engineering Works purchased a machine on 1st July, 2019 for ₹ 1,80,000 and spent ₹ 20,000 on its installation. On 1st April, 2020, it purchased another machine…
Solution of Question number 28 Depreciation TS Grewal class 11 ISC 2023-24? On 1st January, 2019, Ajit Transport Company purchased a truck for ₹ 4,00,000. On 1st July, 2020, this truck was involved in an accident and was destroyed and…
Solution of Question number 27 Depreciation TS Grewal class 11 ISC 2023-24? A company purchased machinery for ₹ 50,000 on 1st October, 2020. Another machine costing ₹ 10,000 was purchased on 1st December, 2021. On 31st March, 2023, the machinery…
Solution of Question number 26 Depreciation TS Grewal class 11 ISC 2023-24? A Ltd. purchased the following machines: On 1st April, 2020On 1st October, 2020On 1st January, 2021 ₹ 40,000₹ 20,000₹ 10,000 Depreciation was provided @ 10% p.a. under Written…
Solution of Question number 25 Depreciation TS Grewal class 11 ISC 2023-24? A company had purchased machinery for ₹ 1,00,000 including a boiler of ₹ 10,000. This Machinery Account for the first four years was credited for depreciation on the…
Solution of Question number 24 Depreciation TS Grewal class 11 ISC 2023-24? X 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…
Solution of Question number 23 Depreciation TS Grewal class 11 ISC 2023-24? A firm whose books are closed on 31st March each year, purchased a machinery for ₹ 50,000 on 1st April, 2019. Additional machinery was acquired for ₹ 10,000…
Solution of Question number 22 Depreciation TS Grewal class 11 ISC 2023-24? Babu purchased on 1st April, 2021, a machine for ₹ 6,000. On 1st October, 2021, he also purchased another machine for ₹ 5,000. On 1st October, 2022, he…
Solution of Question number 21 Depreciation TS Grewal class 11 ISC 2023-24? Neena Textile Mills purchased on 1st January, 2021 a plant for ₹ 8,00,000. The firm charges depreciation @ 15% p.a. according to written Down Value Method. Prepare the…
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…
Solution of Question number 19 Depreciation TS Grewal class 11 ISC 2023-24? A Ltd. has the following balances on 1st April, 2022: Machinery AccountProvision for Depreciation Account 2,00,00090,000 The company charged depreciation @ 10% p.a. as per Straight Line Method.…
Solution of Question number 18 Depreciation TS Grewal class 11 ISC 2023-24? The following balances exist in the books of X Ltd.: 1st April, 2022 Machinery AccountProvision for Depreciation Account 5,00,0002,25,000 The machinery is depreciated @ 10% p.a. by the…
Solution of Question number 17 Depreciation TS Grewal class 11 ISC 2023-24? Following balances exist in the books of Rama Bros.: 1st April, 2022 Machinery AccountProvision for Depreciation Account 80,00036,000 On 1st April, 2022, they sold a machine for ₹…
Solution of Question number 16 Depreciation TS Grewal class 11 ISC 2023-24?
