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Solution of Q 20 Depreciation TS Grewal Class 11 (2023-24) CBSE

Question 20 of 27Chapter 15Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 20, Chapter 15 Depreciation, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 20

A company purchased a machine for ₹ 50,000 on 1st October, 2020. Another machine costing ₹ 10,000 was purchased on 1st December, 2021. On 31st March, 2023, the machine purchased in 2020 was sold at a loss of ₹ 5,000. The company charges depreciation @ 15% p.a. on Diminishing Balance Method. Accounts are closed on 31st March every year. Prepare the Machinery Account for 3 years.

TS Grewal Class 11 Depreciation Question 20

Solution

Solution of Q 20 Depreciation TS Grewal 2023-24 part 1
Solution of Q 20 Depreciation TS Grewal 2023-24 part 2
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Solution of Q 20 Depreciation TS Grewal 2023-24 part 3
Solution of Q 20 Depreciation TS Grewal 2023-24 part 4
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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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