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Solution of Q 15 Depreciation TS Grewal Class 11 (2023-24) CBSE

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

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

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Question 15

Following balances appear in the books of Priyank Bros.: 1st April, 2022: Machinery A/c ₹ 20,00,000; Provision for Depreciation A/c ₹ 8,00,000. On 1st April, 2022, they decide to sell a machine for ₹ 5,00,000. This machine was purchased for ₹ 7,50,000 on 1st April, 2019. Prepare the Machinery Account and Provision for Depreciation Account for the year ended 31st March, 2023 assuming that the firm has been charging Depreciation @ 10% p.a. on the Straight Line Method.

TS Grewal Class 11 Depreciation Question 15

Solution

Solution of Q 15 Depreciation TS Grewal 2023-24 part 1
Solution of Q 15 Depreciation TS Grewal 2023-24 part 2
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Solution of Q 15 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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