[CBSE] Q 25 Depreciation Solutions TS Grewal Class 11 (2022-23)

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Are you looking for a solution of Question number 25 of the Depreciation chapter TS Grewal Class 11 CBSE Board for the 2022-23 Session?

Following balances appear in the books of M/s Amrit as on 1st April, 2020:

2020
1st April
Machinery A/c
Provision for Depreciation A/c
60,000
36,000

On 1st April, 2020, they decided to dispose off a machinery for ₹ 8,400 which was purchased on 1st April, 2016 for ₹ 16,000.

You are required to prepare the Machinery Account, Provision for Depreciation Account and Machinery Disposal Account for the year ended 31st March, 2021. Depreciation was charged at 10% p.a. on Cost following Straight Line Method.

[Balance of Machinery A/c (31st March, 2021) – ₹ 44,000; Provision for Depreciation A/c (31st March, 2021) – ₹ 34,000; Loss on Sale of Machinery – ₹ 1,200.]

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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