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Solution of Q 26 Depreciation TS Grewal Class 11 (2023-24) CBSE

Question 26 of 27Chapter 15Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 26, Chapter 15 Depreciation, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 26

Ashoka & Co. whose books are closed on 31st March, purchased a machinery for ₹ 1,50,000 on 1st April, 2020. Additional machinery was acquired for ₹ 50,000 on 1st October, 2020. Certain machinery which was purchased for ₹ 50,000 on 1st October, 2020 was sold for ₹ 40,000 on 30th September, 2022.

Prepare the Machinery Account and Accumulated Depreciation Account for all the years up to the year ended 31st March, 2023. Depreciation is charged @ 10% p.a. on Straight Line Method. Also, show the Machinery Disposal Account.

TS Grewal Class 11 Depreciation Question 26 part 1
TS Grewal Class 11 Depreciation Question 26 part 2

Solution

Solution of Q 26 Depreciation TS Grewal 2023-24 part 1
Solution of Q 26 Depreciation TS Grewal 2023-24 part 2
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Solution of Q 26 Depreciation TS Grewal 2023-24 part 3
Solution of Q 26 Depreciation TS Grewal 2023-24 part 4
Solution of Q 26 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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