[CBSE] Q 26 Depreciation Solutions TS Grewal Class 11 (2023-24)

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Are you looking for a solution of Question number 26 of the Depreciation chapter TS Grewal Class 11 CBSE Board for 2023-24 Session.

Ashoka & Co. whose books are closed on 31st March, purchased a machinery for ₹ 1,50,000 on 1st April, 2020. Additional machinery was acquired for ₹ 50,000 on 1st October, 2020. Certain machinery which was purchased for ₹ 50,000 on 1st October, 2020 was sold for ₹ 40,000 on 30th Septemeber, 2022.

Prepare the Machinery Account and Accumulated Depreciation Account for all the years up to the year ended 31st March, 2023. Depreciation is charged @ 10% p.a. on Straight Line Method. Also, show the Machinery Disposla Account.

[Neither Gain (Profit) nor loss on Sale of Machine; Balance of Machinery a/c (31set March, 2023) – ₹ 1,50,000; Balance of Accumulated Depreciation A/c (31st March, 2023) ₹ 45,000.]

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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