[ISC] Q 19 Solution Depreciation TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 19 Depreciation TS Grewal class 11 ISC 2022-23?
Good Manufactureres Ltd. purchased on 1st October, 2017 machinery for ₹ 25,000. ₹ 1,000 was spent on its installation. Depreciation is charged @ 10% p.a. Prepare Machinery Account for 3 years under both the Fixed Instalment and Reducing Instalment Methods of depreciation. The company closes its books every year on 31st March.
Solution:-
Fixed Installment Method:-
Written Down Value Method:-
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