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Solution of Q 14 Depreciation TS Grewal Class 11 (2023-24) CBSE

Question 14 of 27Chapter 15Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 14, Chapter 15 Depreciation, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 14

Following balances appear in the books of Paras Bros.: 1st April, 2021: Machinery A/c ₹ 80,000; Provision for Depreciation A/c ₹ 36,000. On 1st April, 2021, they sold a machine for ₹ 8,700. This machine was purchased for ₹ 16,000 in April, 2017. Prepare the Provision for Depreciation Account and Machinery Account on 31st March, 2022, assuming the firm has been charging Depreciation at 10% p.a. on Straight Line Method.

TS Grewal Class 11 Depreciation Question 14

Solution

Solution of Q 14 Depreciation TS Grewal 2023-24 part 1
Solution of Q 14 Depreciation TS Grewal 2023-24 part 2
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Solution of Q 14 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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