[ISC] Q 29 Solution Depreciation TS Grewal Class 11 (2023-24)

Share your love

Solution of Question number 29 Depreciation TS Grewal class 11 ISC 2023-24?

Astha Engineering Works purchased a machine on 1st July, 2019 for ₹ 1,80,000 and spent ₹ 20,000 on its installation.

On 1st April, 2020, it purchased another machine for ₹ 2,40,000. On 1st October, 2021, the machine purchased on 1st July, 2019 was sold for ₹ 1,45,000. On 1st January, 2022, another machine was purchased for ₹ 4,00,000. Prepare Machinery Account for three years after charging depreciation @ 10% p.a. by Diminishing Balance Method. Accounts are closed on 31st March every year.


Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 5229

Leave a Reply

Your email address will not be published. Required fields are marked *


Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.


error: Content is protected !!