[ISC] Q 3 Solution Depreciation TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 3 Depreciation TS Grewal class 11 ISC 2022-23?
On 1st April, 2019, Raman purchased machinery for ₹ 40,000 and spent ₹ 5,000 on its installation. Estimated useful Life of the Machinery is 10 years with a scrap value of ₹ 5,000. Calculate depreciation as per Straight Line method and show Machinery Account of first three years. The books are closed on 31st March every year.
Solution:-
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