Question
An asset is purchased for Rs. 10,000, on which
depreciation is to be provided annually according to the straight-line method. The life of the asset is 4 years, and the scrap value is Rs. 2,000. Calculate the rate of depreciation:Solution
The correct answer is B
Which of the following statement is not true with regards to a bearer plant as per IND AS 16:
The payback technique is especially useful during the time ________.
Where to show Share application money received in excess of issued share capital?
A firm’s current ratio is 1.5:1 and quick ratio is 1.5:1. What does it suggest about inventory?
From the below Ind AS 2 is not applicable in which of the following cases?
Which of the following is not a mandatory financial statement of a General Insurance Company as per IRDA regulations?
An interface that communicates with other tiers in a three-tier architecture structure is known as ________.
ICDS II deals with which of the following aspect?
Which of the following categories of inventory are generally reported by companies in their financial statements?
An Indian insurer receives ₹5 crore as foreign premium from a US-based NRI. As per FEMA guidelines, how should the transaction be treated in its books...
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