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(12)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 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 1.28K 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 1.18K 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 1.19K 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 1.41K 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 1.18K 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 953 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 1.08K 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 1.43K 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 1.28K 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. 1.32K 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 1.20K 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 1.32K 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. 1.27K 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 1.16K 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. 1.14K 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 5.41K 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 6.03K 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 8.21K 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 5.71K 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 4.20K viewsAnurag Pathak Changed status to publish October 25, 2023DK Goel Class 11 0 Votes 1 Ans On 1st April, 2020, Amit Kumar purchased five machines for ₹ 60,000 each. Depreciation @ 10% p.a. on initial cost has been charged from the Profit & Loss Account and credited to Provision for Depreciation Account 5.17K viewsAnurag Pathak Changed status to publish October 25, 2023DK Goel Class 11 0 Votes 1 Ans Sharma & Co. whose books are closed on 31st March, purchased machinery for ₹ 1,50,000 on 1st April, 2020, additional machinery was acquired for ₹ 50,000 on 1st October, 2020 5.86K viewsAnurag Pathak Changed status to publish October 25, 2023DK Goel Class 11 0 Votes 1 Ans Following balances exist in the books of Amrit as on 1st April, 2022 Machinery A/c 60,000 Provision for Depreciation A/c 36,000 4.23K viewsAnurag Pathak Changed status to publish October 25, 2023DK Goel Class 11 0 Votes 1 Ans On 1st June, 2019 Popular Ltd. purchased a plant for ₹ 9,00,000. On 1st December, 2021, a part of the plant purchased on 1st June, 2019 for ₹ 1,50,000 was sold for ₹ 60,000 5.91K viewsAnurag Pathak Changed status to publish October 24, 2023DK Goel Class 11 0 Votes 1 Ans The following balances appear in the books of Satish Bros. on 1st April, 2022 Machinery Account ₹ 1,00,000 Accumulated Depreciation Account ₹ 36,000 4.60K viewsAnurag Pathak Changed status to publish October 24, 2023DK Goel Class 11 « Previous 1 2 … 10 11 12 13 14 Next » Question and answer is powered by anspress.net
