Category DK Goel Class 11 DK Goel Class 11 58 Questions 11 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 Subsidiary Book(16)Dk Goel Trial Balance(7)Dk Goel with Ajustment(33)Dk Rectification of Errors(52)Dk Trial Balance(0)GST(2) Ask question Search Order By: ActiveClear Filter 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 ₹ 20,000 667 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 ₹ 30,000 666 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 765 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. 640 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 ₹ 20,000 652 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 672 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 ₹ 5,000 635 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 ₹ 96,000 633 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 733 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 650 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 500 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation 0 Votes 1 Ans From the following transactions of a concern, prepare Machinery Account for the year ending 31st March, 2023 596 viewsAnurag Pathak Answered question December 15, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st April, 2020, Plant and Machinery was purchased for ₹ 1,20,000. New machinery was purchased on 1st Oct., 2020, for ₹ 50,000 and on 1st July, 2021, for ₹ 25,000 782 viewsAnurag Pathak Changed status to publish December 15, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st October, 2016, Raj & Co. purchased machinery worth ₹ 40,000. On 1st October, 2018, it buys additional machinery worth ₹ 10,000 683 viewsAnurag Pathak Answered question December 14, 2025DK Goel Depreciation 0 Votes 1 Ans Bhushan & Company purchased a Machinery on 1st April, 2019, for ₹ 54,000 and spent ₹ 6,000 on its installation. On 1st December, 2020, it purchased another machine for ₹ 30,000. 691 viewsAnurag Pathak Answered question December 14, 2025DK Goel Depreciation 0 Votes 1 Ans Abhinandan Ltd. bought a machinery on 1st August, 2017, costing ₹ 90,000. It purchased further machinery on 1st December, 2017 costing ₹ 60,000 and on 1st October, 2018 it bought machine costing ₹ 40,000 667 viewsAnurag Pathak Answered question December 14, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st January, 2020, A Ltd. Purchased a machine for ₹ 2,40,000 and spent ₹ 10,000 on its erection. On 1st July, 2020 an additional machinery costing ₹ 1,00,000 was purchased 706 viewsAnurag Pathak Answered question December 14, 2025DK Goel Depreciation 0 Votes 1 Ans A Ltd. purchased a machine for ₹ 5,00,000 on 1st April, 2022. Further addition were made on 1st October 2022 and on 1st July 2023 for ₹ 4,00,000 and ₹ 3,00,000 respectively. 705 viewsAnurag Pathak Answered question December 14, 2025DK Goel Depreciation 0 Votes 1 Ans Chandra Ltd. purchased a second-hand machine for ₹ 2,68,000 plus CGST and SGST @ 6% each on 1st July, 2021. They spent ₹ 32,000 on its overhaul and installation 635 viewsAnurag Pathak Answered question December 14, 2025DK Goel Depreciation 0 Votes 1 Ans On 1st April, 2021, a limited company purchased a Machine for ₹ 9,80,000 and spent ₹ 20,000 on its installation. At the date of purchase, it was estimated that the scrap value of the machine would be ₹ 40,000 at the end of the eighth year. 610 viewsAnurag Pathak Answered question December 14, 2025DK Goel Depreciation 0 Votes 1 Ans A Ltd. purchased the following machines On 1st April, 2020 ₹ 40,000 On 1st October, 2020 ₹ 20,000 On 1st January, 2021 ₹ 10,000 4.91K viewsAnurag Pathak Changed status to publish November 15, 2025DK Goel Class 11 0 Votes 1 Ans The following balances exist in the books of X Ltd. Machinery Account 5,00,000 Provision for Depreciation Account 2,25,000 5.34K viewsAnurag Pathak Changed status to publish November 15, 2025DK Goel Class 11 0 Votes 1 Ans On 1st April, 2019, Gurman Toys purchased a machine for ₹ 2,40,000 and spent ₹ 10,000 on its erection. On 1st October, 2019, an additional machinery costing ₹ 1,00,000 was purchased 7.63K viewsAnurag Pathak Changed status to publish March 18, 2024DK Goel Class 11TS Grewal Class 11 0 Votes 1 Ans Kabir bought a machine for ₹ 25,000 on which he spent ₹ 5,000 for carriage and freight, ₹ 1,000 for brogerage of the middleman, ₹ 3,500 for installation and ₹ 500 for an iron pad 5.18K viewsAnurag Pathak Changed status to publish December 11, 2023DK Goel Class 11TS Grewal Class 11 0 Votes 1 Ans On 1st January, 2023, A sold goods to B for ₹ 10,000. A drew on B a bill for the amount payable 3 months after date. The bill was duly accepted by B 3.75K viewsAnurag Pathak Changed status to publish October 25, 2023DK Goel Class 11 « Previous 1 2 … 9 10 11 12 13 14 Next » Question and answer is powered by anspress.net
