Solution of Q 25 Depreciation TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 25, Chapter 15 Depreciation, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 25
Following balances appear in the books of Kaushal Traders as on 1st April, 2022: Machinery A/c ₹ 60,000; Provision for Depreciation A/c ₹ 36,000. On 1st April, 2022, they decided to dispose off a machinery for ₹ 8,400 which was purchased on 1st April, 2018 for ₹ 16,000. Prepare Machinery Account, Provision for Depreciation Account and Machinery Disposal Account for the year ended 31st March, 2023. Depreciation was charged at 10% p.a. on Cost following Straight Line Method.

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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