[ISC] Q 10 Solution Depreciation TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 10 Depreciation TS Grewal class 11 ISC 2022-23?
On 1st July, 2016, A Co. Ltd purchased second-hand machinery for ₹ 20,000 ad spent ₹ 3,000 on reconditioning and installing it. On 1st January, 2017, the firm purchased new machinery of ₹ 12,000 on 30th June, 2018, the machinery purchased on 1st January, 2017 was sold for ₹ 8,000 and on 1st July, 2018, a fresh plant was installed. Payment for this plant was to be made as follows:
| 1st July, 2018 | 5,000 |
| 30th June, 2019 | 6,000 |
| 30th June, 2020 | 5,500 |
Payments in 2019 and 2020 include interest of ₹ 1,000 and ₹ 500 respectively.
The company writes off 10% on the original cost. The account are closed every year on 31st March, Show Machinery Account for the year ended 31st March, 2019.
Solution:-
Below is the list of all the Practical problems
| 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 |
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| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
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| 20 | Question – 20 |
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| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
| 27 | Question – 27 |
| 28 | Question – 28 |
| 29 | Question – 29 |
| 30 | Question – 30 |
