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Solution of Q 3 Depreciation TS Grewal Class 11 (2023-24) CBSE

Question 3 of 27Chapter 15Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 3, Chapter 15 Depreciation, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 3

Mohan & Co. purchased machinery for ₹ 21,000 on 1st April, 2020. The estimated useful life of the machinery is 10 years, after which its realisable value will be ₹ 1,000. Determine the amount of annual depreciation according to the Straight Line Method and prepare Machinery Account for the first three years. The books of account are closed on 31st March every year.

TS Grewal Class 11 Depreciation Question 3

Solution

Solution of Q 3 Depreciation TS Grewal 2023-24 part 1
Solution of Q 3 Depreciation TS Grewal 2023-24 part 2
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About this solution

This is Chapter 15 Depreciation of TS Grewal Edition 2023-24.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

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