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Solution of Question number 14 Depreciation TS Grewal class 11 ISC 2023-24? On 1st April, 2021, Machinery Account of Karan shows a balance of ₹ 96,000 (original cost ₹ 1,20,000). On 1st August, 2021, a machine for ₹ 60,000 was…

Solution of Question number 13 Depreciation TS Grewal class 11 ISC 2023-24? A firm purchased a second-hand machine on 1st April, 2019 and paid ₹ 1,40,000 for it. It spent on its overhauling and installation ₹ 20,000. On 1st October,…

Solution of Question number 12 Depreciation TS Grewal class 11 ISC 2023-24? A firm whose accounting year is a financial year, purchased on 1st July, 2019 machinery for ₹ 30,000. It further purchased machinery on 1st January, 2020 for ₹…

Solution of Question number 11 Depreciation TS Grewal class 11 ISC 2023-24? M/s Sharad Bros. purchased machinery on 1st April, 2019 for ₹ 50,000. On 1st October, 2020, additions were made of ₹ 10,000. On 1st July, 2021, further addition…

Are you looking for the solution of Question number 10 Depreciation TS Grewal Class 11 ISC 2023-24? Muskan Traders purchased four machines of ₹ 25,000 each on 1st July, 2019. On 30th September, 2020, the firm sold one of the…

Are you looking for the solution of Question number 9 Depreciation TS Grewal class 11 ISC 2023-24? A Van was purchased on 1st April, 2019 for ₹ 60,000 and ₹ 5,000 were spent on its repair and registration. On 1st…

Are you looking for the solution of Question number 8 Depreciation TS Grewal class 11 ISC 2023-24? On 1st April, 2019, Bhushan purchased a machine for ₹ 2,40,000 and spent ₹ 10,000 on its installation. On 1st October, 2019, another…

Are you looking for the solution of Question number 7 Depreciation TS Grewal class 11 ISC 2023-24? From the following transactions of a firm, prepare Machinery Account for the year ended 31st March, 2023: 1st April, 2022 Purchased second-hand machinery…

Are you looking for the solution of Question number 6 Depreciation TS Grewal class 11 ISC 2023-24? On 1st April, 2019, Ajay Bros. purchased office furniture for ₹ 55,000. It is estimated to have useful life of 10 years at…

Are you looking for the solution of Question number 5 Depreciation TS Grewal class 11 ISC 2023-24? On 1st April, 2019, Rupa & Co. Purchased a machinery for ₹ 3,00,000 and incurred ₹ 21,000 as freight and insurance, ₹ 3,000…

Are you looking for the solution of Question number 4 Depreciation TS Grewal class 11 ISC 2023-24? On 1st April, 2020, Sanjay purchased machinery for ₹ 40,000 and spent ₹ 5,000 on its installation. Estimated useful Life of the Machinery…

Are you looking for the solution of Question number 3 Depreciation TS Grewal class 11 ISC 2023-24? Shiv & Co. purchased machinery for ₹ 21,000 on 1st April, 2020. The estimated useful life of the machinery is 10 years, after…

Are you looking for the solution of Question number 2 Depreciation TS Grewal class 11 ISC 2023-24? Calculate the amount of annual depreciation and rate of depreciation under Straight Line Method in each of the alternative cases: Case Purchase Price…

Are you looking for the solution of Question number 1 Depreciation TS Grewal class 11 ISC 2023-24? A machine is purchased for ₹ 90,000. Expenses incurred on its cartage and installation are ₹ 10,000. The residual value at the end…