[ISC] Q 6 Solution Depreciation TS Grewal Class 11 (2022-23)

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Are you looking for the solution of Question number 6 Depreciation TS Grewal class 11 ISC 2022-23?

From the following transactions of a firm, prepare Machinery Account for the year ended 31st March, 2022:

1st April, 2021Purchased second-hand machinery for ₹ 40,000.
1st April, 2021Spent ₹ 10,000 on repairs for making it serviceable.
30th September, 2021Purchased additional new machinery for ₹ 20,000.
31st December, 2021Repairs and renewals of machinery ₹ 3,000.
31st March, 2022Depreciate the machinery at 10% p.a.

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