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Solution of Q 27 Depreciation TS Grewal Class 11 (2023-24) CBSE

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

Step-by-step solution of Question 27, Chapter 15 Depreciation, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 27

On 1st April, 2014, Veeru Ltd. purchased a machinery for ₹ 2,50,000 and spent ₹ 50,000 on its installation. On 1st July, 2016, 1/3rd of machinery purchased on 1st April, 2014 was sold for ₹ 15,000 and a new machinery at the cost of ₹ 2,00,000 was purchased on the same date. The company has adopted the method of providing depreciation @ 15% p.a. on Straight Line Method. Show the Machinery Account, Provision for Depreciation Account and Machinery Disposal Account for three years ended on 31st March, 2015 to 31st March, 2017.

TS Grewal Class 11 Depreciation Question 27

Solution

Solution of Q 27 Depreciation TS Grewal 2023-24 part 1
Solution of Q 27 Depreciation TS Grewal 2023-24 part 2
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Solution of Q 27 Depreciation TS Grewal 2023-24 part 3
Solution of Q 27 Depreciation TS Grewal 2023-24 part 4
Solution of Q 27 Depreciation TS Grewal 2023-24 part 5
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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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