[CBSE] Q 20 Depreciation Solutions TS Grewal Class 11 (2022-23)

Share your love

Are you looking for a solution of Question number 20 of the Depreciation chapter TS Grewal Class 11 CBSE Board for the 2022-23 Session?

A company purchased a machine for ₹ 50,000 on 1st October, 2019. Another machine costing ₹ 10,000 was purchased on 1st December, 2020. On 31st March, 2022, the machine purchased in 2019 was sold at a loss of ₹ 5,000. The company charged depreciation @ 15% p.a. on Diminishing Balance Method. Accounts are closed on 31st March every year. Prepare the Machinery Account for 3 years.

[Balance of Machinery A/c (31st March, 2022) (Mach. II) – ₹ 8,075.]

[Hint: Sale Price Realised – ₹ 28,415; Book Value of Machinery (31st March, 2022) = ₹ 33,415.]

Solution:-

Following is the list of all solutions of depreciation chapter of ts Grewal CBSE for the 2022-23 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
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 5940

Leave a Reply

Your email address will not be published. Required fields are marked *

close

Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.

Refresh