Category DK Goel Class 11 DK Goel Class 11 58 Questions 12 Sub CategoriesDK Cash Book(32)Dk Goel BRS(44)DK Goel Depreciation(39)Dk Goel Financial Statements(22)DK Goel Incomplete Records(22)Dk Goel Journal(6)DK Goel Subsidiary Book(16)Dk Goel Trial Balance(7)Dk Goel with Ajustment(33)Dk Rectification of Errors(52)Dk Trial Balance(0)GST(10) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Books of Mumbai Chemicals Ltd. showed the following balances on 1st April, 2019: Machinery A/c ₹ 10,00,000 ₹ Provision for Depreciation A/c ₹ 4,05,000 765 viewsAnurag Pathak Answered question December 21, 2025DK Goel Depreciation 0 Votes 1 Ans The following balances appear in the books of Y Ltd.: Machinery A/c as on 1-4-2022 ₹ 8,00,000 Provision for Depreciation A/c as on 1-4-2022 ₹ 3,10,000 803 viewsAnurag Pathak Answered question December 20, 2025DK Goel Depreciation 0 Votes 1 Ans Following balances appeared in the books of Saurabh on 1st April, 2017: Plant and Machinery ₹ 10,00,000 Provision for Depreciation ₹ 3,50,000 781 viewsAnurag Pathak Answered question December 20, 2025DK Goel Depreciation 0 Votes 1 Ans The following balances appear in the books of Crystal Ltd. on Jan. 1, 2023: Machinery Account 15,00,000, Provision for depreciation account 5,00,000 779 viewsAnurag Pathak Answered question December 20, 2025DK Goel Depreciation 0 Votes 1 Ans Binny Textiles Ltd. which depreciates its machinery at 20% p.a. on diminishing balance method, purchased a machine for ₹ 6,00,000 on 1st October, 2020 752 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st April 2020, Banglore Silk Ltd. purchased a machinery for ₹ 20,00,000. It provides depreciation at 10% p.a. on the Written Down Value Method and closes its books on 31st March ever year 759 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st August, 2020, Hindustan Toys Ltd. purchased a plant for ₹ 12,00,000. The firm writes off depreciation at 10% p.a. on the diminishing balance and the books are closed on 31st March each year 760 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation 0 Votes 1 Ans A Limited purchased a machine on 1st July 2022 for ₹ 3,00,000 and on 1st January 2024 bought another machinery for ₹ 2,00,000. On 1st August 2024 machine bought in 2022 was sold for ₹ 1,60,000 834 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation 0 Votes 1 Ans X Ltd. purchased a plant on 1st July, 2020 costing ₹ 5,00,000. It purchased another plant on 1st September, 2020 costing ₹ 3,00,000. On 31st December, 2022 790 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation 0 Votes 1 Ans A company purchased second-hand machinery on 1st May, 2019 for ₹ 5,85,000 and immediately spent ₹ 15,000 on its erection. On 1st October, 2020, it purchased another machine for ₹ 4,00,000 763 viewsAnurag Pathak Answered question December 18, 2025DK Goel Depreciation 0 Votes 1 Ans X Ltd. which closes its books of account every year on 31st March, purchased on 1st October, 2019 machinery costing ₹ 4,40,000. It purchased further machinery on 1st April, 2020 costing ₹ 5,20,000 754 viewsAnurag Pathak Answered question December 17, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st July 2021, ABC Ltd. purchases 4 machines for ₹ 80,000 each. The accounting year of the company ends on 31st March every year: Depreciation is provided at the rate of 15% p.a on original cost 833 viewsAnurag Pathak Answered question December 17, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st April, 2021, a Company purchased 6 machines for ₹ 50,000 each. Depreciation at the rate of 10% p.a. is charged on Straight Line Method 880 viewsAnurag Pathak Changed status to publish December 17, 2025DK Goel Depreciation 0 Votes 1 Ans On July 1, 2022 Pushpak Ltd. purchased a machinery for ₹ 5,70,000 and paid ₹ 30,000 for its overhaluing and installation. Depreciation is provided @ 20% p.a 793 viewsAnurag Pathak Answered question December 17, 2025DK Goel Depreciation 0 Votes 1 Ans A Company, which closes its books on 31st March every year, purchased on 1st July, 2017, machinery costing ₹ 30,000. It purchased further machinery on 1st January, 2018, costing ₹ 20,000 843 viewsAnurag Pathak Answered question December 16, 2025DK Goel Depreciation 0 Votes 1 Ans Raja Textiles Co. which closes its books on 31st March, purchased a machine on 1-4-2016 for ₹ 50,000. On 1-10-2017, it purchased an additional machine for ₹ 30,000 857 viewsAnurag Pathak Answered question December 16, 2025DK Goel Depreciation 0 Votes 1 Ans The Sameer Transport Company purchased 10 Trucks at ₹ 90,000 each on 1st April 2019. On 1st October 2021 one of the Trucks was involved in an accident and is completely destroyed 961 viewsAnurag Pathak Answered question December 16, 2025DK Goel Depreciation 0 Votes 1 Ans On April 01, 2019 Jain & Sons purchased a second hand plant costing ₹ 2,00,000 and spent ₹ 10,000 on its overhauling. He also spent ₹ 5,000 on transportation and installation of the plant. 808 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation 0 Votes 1 Ans A limited company purchased on 01-01-2022 a plant for ₹ 38,000 and spent ₹ 2,000 for carriage and brokerage. On 01-04-2023 it purchased additional plant costing ₹ 20,000 813 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation 0 Votes 1 Ans Ashoka Ltd. bought a machine on 1st April, 2020 for ₹ 2,40,000 and spent ₹ 4,000 on its carriage and ₹ 6,000 towards installation cost 882 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation 0 Votes 1 Ans A Company purchased a machinery for ₹ 50,000 on 1st Oct., 2016. Another machinery costing ₹ 10,000 was purchased on 1st Dec., 2017. On 31st March, 2019, the machinery purchased in 2016 was sold at a loss of ₹ 5,000 801 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation 0 Votes 1 Ans Urja industries Ltd. purchased on 1st January, 2016, a machinery for ₹ 1,60,000. On 1st April, 2017, it purchased additional machinery costing ₹ 96,000 805 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation 0 Votes 1 Ans A firm purchased on 1st April, 2021, a second-hand Machinery for ₹ 3,20,000 and spent ₹ 40,000 on its installation. However, it started functioning on 1st June, 2021 944 viewsAnurag Pathak Changed status to publish December 15, 2025DK Goel Depreciation 0 Votes 1 Ans A Company purchased a second-hand machine on 1st April, 2022, for ₹ 30,000 and immediately spent ₹ 4,000 on its repair and ₹ 1,000 on its installation 788 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation 0 Votes 1 Ans A plant is purchased for ₹ 2,70,000 on 1st April, 2021. Installation charges paid on the plant is ₹ 30,000. It is estimated that the residual value of this plant at the end 620 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation « Previous 1 2 … 9 10 11 12 13 14 Next » Question and answer is powered by anspress.net
