Are you looking for the solution of Question number 41 Depreciation TS Grewal class 11 ISC 2022-23? A company charges depreciation on Plant and Machinery under Written Down Value Method @ 15% per annum. On 1st April, 2013 the balance…
Are you looking for the solution of Question number 40 Depreciation TS Grewal class 11 ISC 2022-23? On 1st April, 2017, Amit Kumar purchased five machines for ₹ 60,000 each. Depreciation @ 10% p.a. on initial cost has been charged…
Are you looking for the solution of Question number 39 Depreciation TS Grewal class 11 ISC 2022-23? Sharma & Co. whose books are closed on 31st March, purchased machinery for ₹ 1,50,000 on 1st April, 2017, additional machinery was acquired…
Are you looking for the solution of Question number 38 Depreciation TS Grewal class 11 ISC 2022-23? On 1st October, 2016, X Ltd. purchased machinery for ₹ 2,50,000. A part of machinery which was purchased for ₹ 20,000 on 1st…
Are you looking for the solution of Question number 37 Depreciation TS Grewal class 11 ISC 2022-23? Following balances exist in the books of Amrit as on 1st April, 2019: 20191st April Machinery A/cProvision for Depreciation A/c 60,00036,000 On 1st…
Are you looking for the solution of Question number 36 Depreciation TS Grewal class 11 ISC 2022-23 On 1st June, 2016, Popular Ltd. purchased a plant for ₹ 9,00,000. On 1st December, 2018, a part of the plant purchased on…
Are you looking for the solution of Question number 35 Depreciation TS Grewal class 11 ISC 2022-23? The following balances appear in the books of Satish Bros. on 1st April, 2021: Machinery AccountAccumulated Depreciation Account ₹ 1,00,000₹ 36,000 On 1st…
Are you looking for the solution of Question number 34 Depreciation TS Grewal class 11 ISC 2022-23? You are given following balances as on 1st April, 2021: Machinery AccountProvision for Depreciation Account ₹ 12,50,000₹ 2,90,000 Depreciation is charged on machinery…
Are you looking for the solution of Question number 33 Depreciation TS Grewal class 11 ISC 2022-23? On 1st October, 2016, Meenal bought a machine for ₹ 50,000 on which he spent ₹ 10,000 for carriage and freight; ₹ 2,000…
Are you looking for the solution of Question number 32 Depreciation TS Grewal class 11 ISC 2022-23? The following information relates to Tit-Bit & Company’s Machinery Account: Balance of Machinery Account as on 1st April, 2019Machinery purchased on 1st October,…
Are you looking for the solution of Question number 31 Depreciation TS Grewal class 11 ISC 2022-23? A company whose accounting year is the financial year, purchased on 1st July, 2017 machinery costing ₹ 30,000. If further purchased machinery on…
Are you looking for the solution of Question number 30 Depreciation TS Grewal class 11 ISC 2022-23? M/s P & Q purchased machinery for ₹ 40,000 on 1st October, 2017. Depreciation is provided @ 10% p.a. on the diminishing balance.…
Are you looking for the solution of Question number 29 Depreciation TS Grewal class 11 ISC 2022-23? Astha Engineering Works purchased a machine on 1st July, 2016 for ₹ 1,80,000 and spent ₹ 20,000 on its installation. On 1st April,…
Are you looking for the solution of Question number 28 Depreciation TS Grewal class 11 ISC 2022-23? On 1st January, 2016, Ajit Transport Company purchased a truck for ₹ 4,00,000. On 1st July, 2017, this truck was involved in an…
Are you looking for the solution of Question number 27 Depreciation TS Grewal class 11 ISC 2022-23? A company purchased machinery for ₹ 50,000 on 1st October, 2017. Another machine costing ₹ 10,000 was purchased on 1st December, 2018. On…
