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Tutor's Tips > Textbook Solution > T.S. Grewal 11 Class Financial Accounting > Archive for Chapter No 14- Depreciation

Category: Chapter No 14- Depreciation

Question No 35 Chapter No 14 – T.S. Grewal 11 Class

August 12, 2020August 11, 2020 Shubham Sharma
Question No 35 Chapter No 14

Question No 35 Chapter No 14 35. On 1st April 2015, Amit Kumar purchased five machines for ₹ 60,000 each. Depreciation @ 10% p.a. on initial cost has been changed from the Profit and Loss Account and credited to Provision Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial AccountingLeave a comment

Question No 34 Chapter No 14 – T.S. Grewal 11 Class

August 12, 2020August 11, 2020 Shubham Sharma
Question No 34 Chapter No 14

Question No 34 Chapter No 14 34. Sharma & Co. whose books are closed on 31st March purchased a piece of machinery for ₹ 1,50,000 on 1st April 2015, Additional machinery was acquired for ₹ 50,000 on 1st October 2015. Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial AccountingLeave a comment

Question No 33 Chapter No 14 – T.S. Grewal 11 Class

August 12, 2020August 11, 2020 Shubham Sharma
Question No 33 Chapter No 14

Question No 33 Chapter No 14 33. On 1st October 2011, X Ltd. purchased machinery for ₹ 2,50,000. A part of the machinery which was purchased for ₹ 20,000 on 1st October 2011 became obsolete and was disposed of on Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial Accounting1 Comment

Question No 32 Chapter No 14 – T.S. Grewal 11 Class

August 11, 2020August 10, 2020 Shubham Sharma
Question No 32 Chapter No 14

Question No 32 Chapter No 14 32. Following balances appear in the books of M/s. Amrit as on 1st April 2017: 2017   Rs 1srt April Machinery A/c 60,000   Provision for Depreciation A/c 36,000 On 1st April 2017, they Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial AccountingLeave a comment

Question No 31 Chapter No 14 – T.S. Grewal 11 Class

August 11, 2020August 10, 2020 Shubham Sharma
Question No 31 Chapter No 14

Question No 31 Chapter No 14 31. Shakti Cements purchased on 1st April, 2015 a plant for ₹ 80,000. On 1st July, 2016, it purchased additional plant costing ₹ 48,000. On 1st December, 2017, the plant purchased on 1st April, Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial AccountingLeave a comment

Question No 30 Chapter No 14 – T.S. Grewal 11 Class

August 11, 2020August 10, 2020 Shubham Sharma
Question No 30 Chapter No 14

Question No 30 Chapter No 14 30. A firm purchased on 1st April 2015 certain machinery for ₹ 5,82,000 and spent ₹ 18,000 on its installation. On 1st October 2015, additional machinery costing ₹ 2,00,000 was purchased. On 1st October Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial AccountingLeave a comment

Question No 29 Chapter No 14 – T.S. Grewal 11 Class

August 10, 2020August 9, 2020 Shubham Sharma
Question No 29 Chapter No 14

Question No 29 Chapter No 14 29. Astha Engineering Works purchased a machine on 1st July 2015 for ₹ 1,80,000 and spent ₹ 20,000 on its installation.On 1st April 2016, if purchased another machine for ₹ 2,40,000. On 1st October Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial AccountingLeave a comment

Question No 28 Chapter No 14 – T.S. Grewal 11 Class

August 10, 2020August 10, 2020 Shubham Sharma
Question No 28 Chapter No 14

Question No 28 Chapter No 14 28. On 1st October 2010, Meenal Sharma bought a machine for ₹ 25,000 on which he spent ₹ 5,000 for carriage and freight; ₹ 1,000 for the brokerage of the middle-man, ₹ 4,000 for Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial AccountingLeave a comment

Question No 27 Chapter No 14 – T.S. Grewal 11 Class

August 10, 2020August 9, 2020 Shubham Sharma
Question No 27 Chapter No 14

Question No 27 Chapter No 14 27. A company purchased on 1st July 2015 machinery costing ₹ 30,000. It further purchased machinery on 1st January 2016 costing ₹ 20,000 and on 1st October 2016 costing ₹ 10,000. On 1st April Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial Accounting

Question No 26 Chapter No 14 – T.S. Grewal 11 Class

August 9, 2020August 7, 2020 Shubham Sharma
Question No 26 Chapter No 14

Question No 26 Chapter No 14 26.M/s. P & Q purchased machinery for ₹ 40,000 on 1st October 2015. Depreciation is provided @ 10% p.a. on the Diminishing Balance. On 31st January 2018, one-fourth of the machinery was found unsuitable Read More …

Chapter No 14- Depreciation, T.S. Grewal 11 Class Financial AccountingLeave a comment

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