[CBSE] Q 27 Depreciation Solutions TS Grewal Class 11 (2022-23)

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Are you looking for a solution of Question number 27 of the Depreciation chapter TS Grewal Class 11 CBSE Board for the 2022-23 Session?

On 1st Apirl, 2014, Veeru Ltd. purchased a machinery for ₹ 2,50,000 and spent ₹ 50,000 on its installation. On 1st July, 2016, 1/3rd of machinery purchased on 1st April, 2014 was sold for ₹ 15,000 and a new machinery at the cost of ₹ 2,00,000 was purchased on the same date. The company has adopted the method of providing depreciation @ 15% p.a. on Straight Line Method. Show the Machinery Account, Provision for Depreciation Account and Machinery Disposal Account for three years ended on 31st March, 2015 to 31st March, 2017.

[Depreciation: 2014 – 15 – ₹ 45,000; 2015 – 16 – ₹ 45,000; 2016 – 17 (₹ 3,750 + ₹ 52,500) – ₹ 65,250; Loss on sale – ₹ 51,250; Balance of Machinery Account as on 31st March, 2017 – ₹ 4,00,000; Balance of Provision for Depreciation Account – ₹ 1,12,500.]

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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