Question 46 Chapter 1 of +2-B – T.S. Grewal 12 Class

Question 46 Chapter 1 of +2-B

Question 46 Chapter 1 of +2-B

Depreciation and Amortisation Expenses

46.From the following Information on Best Marketing Ltd. For the year ended 31st March 2019 Prepare Note to Accounts on Depreciation and Amortisation Expenses: Depreciation on Building Rs. 15,500; Plant and Machinery Rs. 25,000; Computers Rs. 60,000; Goodwill Written off Rs. 7,500; Patents wrote off Rs. 12,500.

 The solution of Question 46 Chapter 1 of +2-B: – 

Particulars

Details

Amount
Building 15,500  
Plant and Machinery 25,000  
Computers 60,000  
Depreciation Expenses   1,00,500
Goodwill Written off 7,500  
Patents wrote off 12,500  
Amortisation Expenses   20,000

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

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T.S. Grewal’s Analysis of Financial Statements

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