[CBSE] Q 4 Depreciation Solutions TS Grewal Class 11 (2022-23)
Are you looking for a solution of Question number 4 of the Depreciation chapter TS Grewal Class 11 CBSE Board for 2022-23 Session.
On Ist April, 2019, XLtd. purchased a machine costing ₹ 4,00,000 and spent ₹ 50,000 on its installation. The estimated life the machinery is 10 years, after which its residual value will be ₹ 50,000. Find the amount of annual depreciation according to the Fixed Instalment Method and prepare Machinery Account for the first three years.The books are closed on 31st March every year.
[Annual Depreciation-₹ 40,000; Balance of Machinery A/c on 1st April,2022-₹ 3,30,000.]
Hint: Depreciation = (₹ 4,00,000+ ₹ 50,000 -₹ 50,000)/10= ₹ 40,000 p.a.]
Solution:-
Following is the list of all solutions of depreciation chapter of ts Grewal CBSE for the 2022-23 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 |