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Solution of Q 5 Depreciation TS Grewal Class 11 (2023-24) CBSE

Question 5 of 27Chapter 15Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 5, Chapter 15 Depreciation, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 5

On 1st April, 2019, furniture costing ₹ 55,000 was purchased. It is estimated that its useful life is 10 years at the end of which it will be sold for ₹ 5,000. Additions are made on 1st April, 2020 and 1st October, 2022 to the value of ₹ 9,500 and ₹ 8,400 (Residual values ₹ 500 and ₹ 400 respectively). Show the Furniture Account for the first four years, if Depreciation is written off according to the Straight Line Method.

TS Grewal Class 11 Depreciation Question 5

Solution

Solution of Q 5 Depreciation TS Grewal 2023-24 part 1
Solution of Q 5 Depreciation TS Grewal 2023-24 part 2
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Solution of Q 5 Depreciation TS Grewal 2023-24 part 3
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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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