Solution of Q 18 Depreciation TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 18, Chapter 15 Depreciation, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 18
Shyam purchased on 1st April, 2021, a machine for ₹ 6,000. On 1st October, 2021, he purchased another machine for ₹ 5,000. On 1st October, 2022, he sold the machine purchased on 1st April, 2021 for ₹ 4,000. It was decided that Depreciation @ 10% p.a. was to be written off every year under Diminishing Balance Method. Assuming the accounts were closed on 31st March every year, show the Machinery Account for the years ended 31st March, 2022 and 2023.

Solution



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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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