[ISC] Q 27, 28 Solution Depreciation TS Grewal Class 11 (2026-27)

Solution of Question number 27 and 28 Depreciation TS Grewal class 11 ISC 2026-27.

Q. 27. Powerhouse had purchased machinery for 1,00,000 including a boiler of 10,000. This Machinery Account
for the first four years was credited for depreciation on the Reducing Balance Method @ 10% p.a. During the fifth year, i.e., the current year, the boiler becomes useless on account of damage to its parts. The damaged boiler is sold for ₹ 2,000 which amount is credited to the Machinery Account.
Prepare Machinery Account for the current year, adjusting therein the cash received and the loss suffered on the damaged boiler and the depreciation of Machinery for the current year.

Solution:-

Q. 28. Sagar purchased the following machines:

Depreciation was provided @ 10% p.a. under Written Down Value Method (Diminishing Balance Method). The machine purchased on 1st October, 2023 was sold on 30th June, 2024 at ₹ 15,000.

Show necessary Ledger Account in the books of A Ltd. if accounts are closed on 31st March every year.

Solution:-