[CBSE] Q 24 Depreciation Solutions TS Grewal Class 11 (2022-23)

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Are you looking for a solution of Question number 24 of the Depreciation chapter TS Grewal Class 11 CBSE Board for the 2022-23 Session?

A company purchased on 1st July, 2018 machinery costing ₹ 30,000. It further purchased machinery on 1st January, 2019 costing ₹ 20,000 and on 1st October, 2019 costing ₹ 10,000. On 1st April, 2020, on third of the machinery installed on 1st July, 2018 became obsolete and was sold for ₹ 3,000. The company follows financial year as accounting year.

Show how the Machinery Account would appear in the books of company if depreciation is charged @ 10% p.a. on Written Down Value Method.

[Balance of Machinery A/c – ₹ 39,330 (Mach. I: ₹ 14,985; Mach II: ₹ 15,795; Mach. III. ₹ 8,550); Loss on Sale of Machine (Mach. I) (1/3): ₹ 5,325.]

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
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Anurag Pathak

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