[CBSE] Q 15 Depreciation Solutions TS Grewal Class 11 (2023-24)

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Are you looking for a solution of Question number 15 of the Depreciation chapter TS Grewal Class 11 CBSE Board for 2023-24 Session.

Following balances appear in the books of Priyank Brothers:

1st April, 2022Machinery A/c
Provision for Depreciation A/c
20,00,000
8,00,000

On 1st April, 2022, they decide to sell a machine for ₹ 5,00,000. This machine was purchased for ₹ 7,50,000 on 1st April, 2019. Prepare the Machinery Account and Provision for Depreciation Account for the year ended 31st March, 2023 assuming that the firm has been charging Depreciation @ 10% p.a. on the Straight Line Method.

[Loss on Sale of Machinery – ₹ 25,000; Balance of Machinery A/c (31.3.2023) – ₹ 12,50,000; Provision for Depreiciation A/c – ₹ 7,00,000.]

Solution:-

Following is the list of all solutions of the depreciation chapter of ts Grewal CBSE for the 2023-24 session.

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
S.NSolutions
21Question – 21
22Question – 22
23Question – 23
24Question – 24
25Question – 25
26Question – 26
27Question – 27
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Anurag Pathak

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