What is the main topic of "Question No 4 Chapter No 11 - Unimax 11 Class"?

This guide covers "Question No 4 Chapter No 11 - Unimax 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax class 11 - 2021.

Who can benefit from this guide on "Question No 4 Chapter No 11 - Unimax 11 Class"?

It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.

Where can I practice questions related to "Question No 4 Chapter No 11 - Unimax 11 Class"?

You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question No 4 Chapter No 11 - Unimax 11 Class" instantly.

Question No 4 Chapter No 11 - Unimax 11 Class

⚡

Quick Overview & Key Takeaways

Focus Topic:Question No 4 Chapter No 11 - Unimax 11 Class

Estimated Reading Time:4 mins

Comprehensive academic guide covering core concepts of Question No 4 Chapter No 11 - Unimax 11 Class.
Syllabus-aligned study material with detailed definitions, formats, and practical examples.
Interactive check: Includes a custom practice quiz at the bottom of the article to self-evaluate knowledge.

Question No 4 Chapter No 11 - Unimax Class 11

A company purchases a plant for ₹ 31,000 on January 1,2016. If further spent ₹ 1400 on its installation. It was brought into use from 1st May,2016. You are required to prepare plant account and depreciation account for the first four years when rate of depreciation is 10% p.a. on straight line method.

The solution of Question No 4 Chapter No 11 -

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	Machine A/c				Cr.
01/01/16	To Bank A/c	31,000	31-12-2016	By Deprecation A/c	2,160
01/05/16	To Bank A/c (installation cost)	1,400	31-12-2016	By Balance C/d	30,240
		32,400			32,400
01/01/17	To Balance A/c	30,240	31-12-2017	By Deprecation A/c	3,240
			31-12-2017	By Balance C/d	27,000
		30,240			30,240
01/01/18	To Balance b/d	27,000	31-12-2018	By Deprecation A/c	240
			31-12-2018	By Balance C/d	56,250
		27,216			27,216
01/01/19	To Balance b/d	23,760	31-12-2019	By Deprecation A/c	3,240
			31-12-2019	By Balance C/d	20,520
		23,760			23,760

Question No 4 Chapter No 11 - Unimax 11 Class

Quick Overview & Key Takeaways

The solution of Question No 4 Chapter No 11 -

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Sarbjit SinghB.Com and M.Com

❓ Frequently Asked Questions

What is the main topic of "Question No 4 Chapter No 11 - Unimax 11 Class"?

Who can benefit from this guide on "Question No 4 Chapter No 11 - Unimax 11 Class"?

Where can I practice questions related to "Question No 4 Chapter No 11 - Unimax 11 Class"?

Leave a Reply

Add your comment

Next to Read

Question no 24 Chapter No 17 - Unimax Class 11

Question no 23 Chapter No 17 - Unimax Class 11

Question no 22 Chapter No 17 - Unimax Class 11

Date	Particulars	Amount	Date	Particulars	Amount
Dr.	DepreciationA/c				Cr.
31/12/16	To Machinery A/c	2,160	31/12/16	By Profit & Loss A/c	2,160

		2,160			2,160
31/12/16	To Machinery A/c	2,160	31/12/16	By Profit & Loss A/c	2,160

		2,160			2,160
31/12/16	To Machinery A/c	2,160	31/12/16	By Profit & Loss A/c	2,160

		2,160			2,160

31/12/16	To Machinery A/c	2,160	31/12/16	By Profit & Loss A/c	2,160

		2,160			2,160

31/12/16	To Machinery A/c	2,160	31/12/16	By Profit & Loss A/c	2,160

		2,160			2,160