[CBSE] Q 27 Depreciation Solutions TS Grewal Class 11 (2023-24)
Are you looking for a solution of Question number 27 of the Depreciation chapter TS Grewal Class 11 CBSE Board for 2023-24 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.]
Following is the list of all solutions of the depreciation chapter of ts Grewal CBSE for the 2023-24 session.
S.N | Solutions |
1 | Question – 1 |
2 | Question – 2 |
3 | Question – 3 |
4 | Question – 4 |
5 | Question – 5 |
6 | Question – 6 |
7 | Question – 7 |
8 | Question – 8 |
9 | Question – 9 |
10 | Question – 10 |
S.N | Solutions |
11 | Question – 11 |
12 | Question – 12 |
13 | Question – 13 |
14 | Question – 14 |
15 | Question – 15 |
16 | Question – 16 |
17 | Question – 17 |
18 | Question – 18 |
19 | Question – 19 |
20 | Question – 20 |
S.N | Solutions |
21 | Question – 21 |
22 | Question – 22 |
23 | Question – 23 |
24 | Question – 24 |
25 | Question – 25 |
26 | Question – 26 |
27 | Question – 27 |