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Showing posts with the label depreciation

iPhone 16 Series All Details & Leaks Are Here! AI, New Button, Big Display...

Unlocking the Secrets: iPhone 16 Series Revealed! AI, New Buttons, and Big Displays Unveiled! Are you eagerly awaiting the next big release from Apple? Brace yourself for the iPhone 16 series, where innovation meets anticipation. In this article, we'll delve into all the exciting details and leaks surrounding this highly anticipated release. AI Integration  One of the most buzzed-about features of the iPhone 16 series is its enhanced AI capabilities. With advanced algorithms and machine learning, these phones promise to deliver a smarter, more intuitive user experience. From personalized recommendations to seamless voice commands, get ready to interact with your device like never before. New Button Dynamics Say goodbye to the conventional button layout! The iPhone 16 series is rumored to introduce a new button configuration that enhances functionality and usability. With the addition of an action button, users can expect quicker access to their favorite features and applications, m

TS Grewal accountancy class 11 solution chapter 14 depreciation

  Class 11th | Chapter-14 | Depreciation | 2023-2024 | Ts Grewal Solution Question 1: Calculate annual depreciation and rate of depreciation under Straight Line Method in each of the alternative cases: Case Purchase of Machinery Installation Charges Estimated Scrap Value Estimated Useful Life (In Years) (a) 1,80,000 20,000 10,000 5 (b) 4,75,000 25,000 50,000 5 (c) 90,000 10,000 20,000 10 (d) 3,40,000 60,000 40,000 10 (e) 90,000 10,000 20,000 4 Answer: Case Amount of Annual Depreciation Rate of Depreciation   Total Cost of Assets – Scarp value ÷ Useful life Amount Depreciation × 100 ÷ Total Cost of Assets 1 = (1,80,000+20,000) - 10,000 ÷ 5 = 38,000 38,000×100÷2,00,000 =19% 2 =(4,75,000+25,000) - 50,000 ÷ 5 =90,000 90,000×100÷5,00,000 =18% 3 = (90,000+10,000) - 20,000 ÷ 10 =8,000 8,000×100÷ 1,00,000 = 8% 4 =(3,40,000+60,000) - 40,000 ÷ 10 =36,000 36,000×100÷ 4,00,000 = 9% 5 = (90,000+10,000) - 20,000 ÷ 4 =20,000 20,000×100÷1,00,000 = 20%   Question 2: Ram & Co. purchased machinery fo