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TS Grewal Solutions for Class 11 Accountancy Chapter 15 ...

(vi) Insurance premium is paid per annum, ended 31st May, 2019. (vii) Loan from the bank was taken on 1st October, 2018. (viii) Provide Depreciation on machinery @ 10% and on Furniture @ 5%. The solution can be presented as follows

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  October, 31st

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