[ISC] Q 21, 22 Solution Depreciation TS Grewal Class 11 (2026-27)
Solution of Question number 21 and 22 Depreciation TS Grewal class 11 ISC 2026-27.
Q. 21. A boiler was purchased from abroad for ₹ 50,000. Shipping and forwarding charges ₹ 10,000, Customs Duty ₹ 35,000 and expenses of installation amounted to ₹ 5,000.
Calculate depreciation for each of the first three years @ 10% p.a. as per Diminishing Balance Method.
Solution:-
Q. 22. Tushar Ltd. purchased on 1st January, 2024 a plant for ₹ 8,00,000. The firm charges depreciation @ 15% p.a. according to written Down Value Method. Prepare the Plant Account for the two years ended 31st March, 2026.
Solution:-
