[CBSE] Q 8 Depreciation Solutions TS Grewal Class 11 (2023-24)
Are you looking for a solution of Question number 8 of the Depreciation chapter TS Grewal Class 11 CBSE Board for 2023-24 Session.
On 1st April, 2019, Star Trading purchased 5 Machines for ₹ 60,000 each. On 1st April, 2021, one of the machine was sold at a loss of ₹ 8,000. On 1st July, 2022, second machine was sold at a loss of ₹ 12,500. A new machine was purchased for ₹ 1,00,000 on 1st October, 2022.
Prepare Machinery Account for 4 years, assuming accounts are closed on 31st March, each year and depreciation is charged @ 10% per annum as per Straight Line Method.
[Depreciation: 2019 – 20 – ₹ 30,000; 2020 – 21 – ₹ 30,000; 2021-22 – ₹ 24,000; 2022-23 – ₹ 24,500; Sale Proceeds from 1st Machinery – ₹ 40,000; Sale Proceeds from 2nd Machinery – ₹ 28,000. Balance of Machinery A/c as on 1st April, 2023 – ₹ 2,03,000.]
Solution:-
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 |
