[ISC] Q 17, 18 Solution Depreciation TS Grewal Class 11 (2026-27)

Solution of Question number 17 and 18 Depreciation TS Grewal class 11 ISC 2026-27.

Q. 17. Star Ltd. purchased machinery on 1st April, 2022 for ₹ 50,000. On 1st October, 2023, additions were made of * 10,000. On 1st July, 2024, further addition was made of * 6,400.On 30th September, 2025, machinery the original value of which was ₹ 8,000 on 1st April, 2022, was sold for 6,000. Depreciation is charged @ 10% p.a. on the original cost.

Prepare the Machinery Account for four years ending 31st March, 2026.

Solution:-

Q. 18. Rajveer & Bros. purchased on 1st April, 2024, a plant for 1,00,000. On 1st October, in the same year an additional plant was purchased costing 50,000. On 1st October, 2025, the plant purchased on 1st April, 2024 having become obsolete, is sold for ₹40,000.

Depreciation is provided at 10% per annum on original cost on 31st March, every year.

Prepare Plant Account and Provision for Depreciation Account for the relevant years.

Solution:-