{"id":83594,"date":"2021-10-06T13:07:00","date_gmt":"2021-10-06T07:37:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=83594"},"modified":"2023-05-22T17:30:29","modified_gmt":"2023-05-22T12:00:29","slug":"ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/","title":{"rendered":"TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation 2023-24"},"content":{"rendered":"\n<p><img class=\"alignnone size-full wp-image-135455\" src=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/Chapter-11-Depreciation.jpg\" alt=\"TS Grewal Class 11 Accountancy Solutions, Chapter 11- Depreciation\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/Chapter-11-Depreciation.jpg 1200w, https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/Chapter-11-Depreciation-768x432.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><strong>TS Grewal Class 11 Accountancy Solutions, Chapter 11- Depreciation<\/strong>, is explained in a detailed way and accurate with the help of subject experts. Class 11 students will not face any trouble comprehending the meaning of the chapter as TS Grewal is written for the sole purpose of making the text easier.&nbsp;<\/p>\n<ul>\n<li><strong>Read More: <a href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-solutions\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;TS Grewal Class 11 Solutions&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:5053,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;10&quot;:2,&quot;11&quot;:0,&quot;12&quot;:0,&quot;15&quot;:&quot;Arial&quot;}\" data-sheets-note=\"https:\/\/www.kopykitab.com\/blog\/cbse-class-10-maths-rs-aggarwal-solutions\/\nhttps:\/\/www.kopykitab.com\/blog\/cbse-class-11-maths-rs-aggarwal-solutions\/\">TS Grewal Class 11 Solutions<\/span><\/a><\/strong><\/li>\n<\/ul>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69dbc4a2c142d\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69dbc4a2c142d\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/#download-free-pdf-for-ts-grewal-class-11-accountancy-solutions-chapter-11-%e2%80%93-depreciation\" title=\"Download Free PDF For TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation\">Download Free PDF For TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/#detailed-explanation-chapter-11-%e2%80%93-depreciation-ts-grewal-class-11-accountancy-solutions\" title=\"Detailed Explanation Chapter 11 \u2013 Depreciation, TS Grewal Class 11 Accountancy Solutions\">Detailed Explanation Chapter 11 \u2013 Depreciation, TS Grewal Class 11 Accountancy Solutions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/#ts-grewal-class-11-accountancy-solutions-chapter-11-sample-questions\" title=\"TS Grewal Class 11 Accountancy Solutions Chapter 11: Sample questions&nbsp;\">TS Grewal Class 11 Accountancy Solutions Chapter 11: Sample questions&nbsp;<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/#faq%e2%80%99s-ts-grewal-class-11-accountancy-solutions-chapter-11-%e2%80%93-depreciation\" title=\"FAQ&#8217;s: TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation\">FAQ&#8217;s: TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/#what-are-the-disadvantages-of-slm\" title=\"What are the disadvantages of SLM?\">What are the disadvantages of SLM?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/#mention-the-main-characteristics-of-depreciation\" title=\"Mention the main characteristics of depreciation.\">Mention the main characteristics of depreciation.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/#mention-the-causes-of-depreciation\" title=\"Mention the causes of depreciation.\">Mention the causes of depreciation.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/#can-i-download-ts-grewal-class-11-accountancy-solutions-chapter-11-%e2%80%93-depreciation-pdf-for-free\" title=\"Can I download TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation PDF for free? \">Can I download TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation PDF for free? <\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"download-free-pdf-for-ts-grewal-class-11-accountancy-solutions-chapter-11-%e2%80%93-depreciation\"><\/span>Download Free PDF For TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/TS-Grewal-Class-11-Accountancy-Solutions-Chapter-11-1.pdf\">TS Grewal Class 11 Accountancy Solutions Chapter 11<\/a><\/p>\n<div id=\"example1\" style=\"text-align: justify;\">&nbsp;<\/div>\n<p style=\"text-align: justify;\"><style>\n.pdfobject-container { height: 500px;}<br \/>\n.pdfobject { border: 1px solid #666; }<br \/>\n<\/style><\/p>\n<p style=\"text-align: justify;\"><script src=\"https:\/\/www.kopykitab.com\/_utility\/js\/pdfobject.min.js\"><\/script><br><script>PDFObject.embed(\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/04\/TS-Grewal-Class-11-Accountancy-Solutions-Chapter-11-1.pdf\", \"#example1\");<\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"detailed-explanation-chapter-11-%e2%80%93-depreciation-ts-grewal-class-11-accountancy-solutions\"><\/span>Detailed Explanation Chapter 11 \u2013 Depreciation, TS Grewal Class 11 Accountancy Solutions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>TS Grewal&nbsp;Class 11 Accountancy Solutions, begins by defining depreciation as the dissolution of a fixed asset value because of its time, usage, obsolescence, etc. It includes terms like Amortization, Obsolescence, and Depletion.<\/li>\n<\/ol>\n<p>The main characteristics of Depreciation are:<\/p>\n<ul>\n<li>It is a decrease in the value of a book of fixed assets.<\/li>\n<li>It refers to the loss of assets value because of time or expiration.<\/li>\n<li>It will continue until the asset ends.&nbsp;<\/li>\n<\/ul>\n<ol start=\"2\">\n<li>The causes of depreciation as per TS Grewal Class 11 Accountancy Solutions are as follows:<\/li>\n<\/ol>\n<ul>\n<li>Physical wear and tear, like a property beyond repair and should be disposed of.&nbsp;<\/li>\n<li>Obsolescence, i.e., replacing the old equipment with the new ones, hence decreasing the use of the old equipment.&nbsp;<\/li>\n<li>Expiry of user rights means when an assets\u2019 lifespan expires, so does its user\u2019s right of using it.&nbsp;<\/li>\n<\/ul>\n<ol start=\"3\">\n<li>Factors affecting depreciation are mentioned below:<\/li>\n<\/ol>\n<ul>\n<li>Assets\u2019 price.<\/li>\n<li>Estimated salvage or residual value, which is the amount of money a company expects to cover, the dates on which goods are sold, or cleared, and the disposal cost.<\/li>\n<li>The useful period of assets, i.e., until they can be used by a company.&nbsp;<\/li>\n<\/ul>\n<ol start=\"4\">\n<li>Methods to calculate depreciation:<\/li>\n<li>a) Straight Line Method or SLM:<\/li>\n<\/ol>\n<p>It is an easy way of calculating depreciation in which a reduced amount of depreciation is charged annually, during the life of an asset. The actual cost of an asset includes the annual depreciation charge and is maintained year on year. It is also known as \u2018Fixed Input Method\u2019 or \u2018Real Cost Method\u2019.&nbsp;<\/p>\n<ol>\n<li>b) Written Down Value or WDV<\/li>\n<\/ol>\n<p>Under this method, depreciation is charged annually on the book value of assets. The WDV declines with the decrease of books. It means the annual decline also continues to decline with it. WDV method is also known as \u2018Reducing Input Method\u2019 or \u2018Reducing Measurement Method\u2019. This method is also recognized by the Income Tax Department.&nbsp;<\/p>\n<p>TS Grewal Class 11 Accountancy Solutions has elaborated all the concepts easily and mentioned all the formulae necessary for solving the numerical problems.&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"ts-grewal-class-11-accountancy-solutions-chapter-11-sample-questions\"><\/span>TS Grewal Class 11 Accountancy Solutions Chapter 11: Sample questions&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Using the SLM, calculate the rate of depreciation from the following:<\/p>\n<p>Purchased a second-hand washing machine for Rs. 96,000, spent Rs. 24,000 on its cartage, repair &amp; installation. The estimated useful life of the machine is 4 years. The estimated residual value is Rs. 72,000.<\/p>\n<p>Answer:&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\">Amount of Depreciation = (cost of machine \u2013 scrap value of machine)\/life in years<\/li>\n<\/ul>\n<p>= (1,20,000 \u2013 72,000)\/4 = Rs. 12,000<\/p>\n<ul>\n<li aria-level=\"1\">Rate of Depreciation = (Amount of Depreciation\/Cost of machine) x 100<\/li>\n<\/ul>\n<p>= (12,000\/1,20,000) x 100 = 10% p.a.&nbsp;<\/p>\n<p>We have included complete information regarding <a href=\"https:\/\/www.cbse.gov.in\/\" target=\"_blank\" rel=\"noopener\">CBSE<\/a> TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation. If you have any questions feel free to ask in the comment section.&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"faq%e2%80%99s-ts-grewal-class-11-accountancy-solutions-chapter-11-%e2%80%93-depreciation\"><\/span>FAQ&#8217;s: TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1618236336859\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-are-the-disadvantages-of-slm\"><\/span>What are the disadvantages of SLM?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The disadvantages of SLM are mentioned below:<br \/>1. Determining the exact degree of depreciation is difficult.<br \/>2. Asset value, in this method, will never be zero.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1618236387374\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"mention-the-main-characteristics-of-depreciation\"><\/span>Mention the main characteristics of depreciation.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The main characteristics of Depreciation are:<br \/>1. It is a decrease in the value of a book of fixed assets.<br \/>2. It refers to the loss of assets value because of time or expiration.<br \/>3. It will continue until the asset ends.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1618236425978\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"mention-the-causes-of-depreciation\"><\/span>Mention the causes of depreciation.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The causes of depreciation are mentioned below:<br \/>1. Physical wear and tear, like a property beyond repair and should be disposed of.<br \/>2. Obsolescence, i.e., replacing the old equipment with the new ones, hence decreasing the use of the old equipment.<br \/>3. Expiry of user rights means when an assets\u2019 lifespan expires, so does its user\u2019s right of using it.<br \/>\u00a0<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1633505659597\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"can-i-download-ts-grewal-class-11-accountancy-solutions-chapter-11-%e2%80%93-depreciation-pdf-for-free\"><\/span>Can I download TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation PDF for free? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, you can download TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation PDF free. <\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>TS Grewal Class 11 Accountancy Solutions, Chapter 11- Depreciation, is explained in a detailed way and accurate with the help of subject experts. Class 11 students will not face any trouble comprehending the meaning of the chapter as TS Grewal is written for the sole purpose of making the text easier.&nbsp; Read More: TS Grewal &#8230; <a title=\"TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation 2023-24\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/ts-grewal-class-11-accountancy-solutions-chapter-11-depreciation\/\" aria-label=\"More on TS Grewal Class 11 Accountancy Solutions Chapter 11 \u2013 Depreciation 2023-24\">Read more<\/a><\/p>\n","protected":false},"author":244,"featured_media":135455,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[73694,2917,73410],"tags":[62123,75066,3570,75067],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/83594"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/244"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=83594"}],"version-history":[{"count":4,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/83594\/revisions"}],"predecessor-version":[{"id":376981,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/83594\/revisions\/376981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/135455"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=83594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=83594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=83594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}