[CBSE] Q 24 Adjustments in Preparation of Financial Statement Solution TS Grewal Class 11 (2025-26)

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Solution of Question number 24 of the Adjustments in Preparation of Financial Statements of TS Grewal Book class 11, 2025-26?

Following is the extract from a Trial Balance:

ParticularsDr. (₹)Cr. (₹)
Machinery4,00,000
Furniture2,00,000
Provision for Depreciation:
On Machinery1,20,000
On Furniture54,200

Additional Information:

Depreciation is to be charged on machinery at 10% p.a. on original cost and on furniture on Book Value.

Show the treatment of depreciation in Final Accounts.

Solution:-

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