[ISC] Q 34 Solution Depreciation TS Grewal Class 11 (2023-24)
Solution of Question number 34 Depreciation TS Grewal class 11 ISC 2023-24?
The following balances appear in the books of Satish Bros. on 1st April, 2022:
Machinery Account Accumulated Depreciation Account | ₹ 1,00,000 ₹ 36,000 |
On 1st April, 2022, they decided to dispose off a machinery for ₹ 8,000 which was purchased on 1st April, 2019 for ₹ 20,000. Prepare Machinery Account and Accumulated Depreciation Account for 2022-23. Depreciation was charged @ 10% p.a. on written Down Value basis.
![](https://commerceschool.in/wp-content/uploads/2023/10/q34-1-1024x216.webp)
Solution:-
![](https://commerceschool.in/wp-content/uploads/2023/10/1-148-1024x666.webp)
![](https://commerceschool.in/wp-content/uploads/2023/10/2-57.webp)