# Question No 6 Chapter No 11 – Unimax 11 Class

Qustion-No-6-Chapter-No-11-UNIMAX-Class-11

Question No 6 Chapter No 11 – Unimax Class 11

A company purchased machinery on 1st April,2018 costing ₹ 29,500, it spent ₹ 500 on its carriage. It further purchased machinery on 1st October,2018 costing ₹ 20,000 and on 1st July,2019 costing ₹ 10,000. On 1st January 2020. The machinery installed on 1st April 2018 was sold for ₹ 3,000.
Prepare machinery account for 3 years if depreciation is to be charged @ 10% p.a. by Fixed installment method. The books are closed on 31st December each year

## The solution of Question No 6 Chapter No 11 –

 Dr. Machine A/c Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount 01/04/18 To Bank A/c 29,500 31/12/18 By Deprecation A/c 2,750 01/04/18 To Bank A/c 500 31/12/18 By Balance C/d 47,250 01/10/18 To Bank A/c 20,000 50,000 50,000 01/04/19 To Balance A/c 47,250 31/12/19 By Deprecation A/c 5,500 01/07/19 To Bank A/c 10,000 31/12/19 By Balance C/d 51,750 57,250 57,250 01/01/20 To Balance b/d 51,750 01/01/20 By Bank A/c 3,000 01/01/20 By Profit & Loss A/c 21,750 31/12/20 By Deprecation A/c 3,000 31/12/20 By Balance C/d 24,000 51,750 51,750

It is all about Question No 6 Chapter 11 of Class 11 unimax, If you have any problem please comment below.

Depreciation | Meaning | Methods | Examples

Depreciation | Meaning | Methods | Examples

Also, Check out the same article in Hindi from the following link

Depreciation | Meaning | Methods | Examples-in Hindi

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

## Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

Students may choose only one part from the Part II and Part III

Part-II

• Chapter No. 15 – Financial Statements (Without Adjustments)
• Chapter No. 16 – Financial Statements (With Adjustments)
• Chapter No. 17 – Accounts from Incomplete Records –  Single Entry System

Part-III

• Chapter No. 18 – Introduction to Computers and Accounting information System
• Chapter No. 19 – Computerised Accounting
• Chapter No. 20 – Accounting Software: Tally
• Chapter No. 21 – Data Base System
• Chapter No. 22 – Concept of Entity and Relationship