Question
In relation to the Accounts of Electricity Companies, which of the following points are involved in the Optimised Depreciated Replacement Cost [ODRC] Method? (i) Assessing the gross current replacement cost of modern equivalent assets (ii) Making an adjustment for over design, over capacity and redundant assets (iii) Depreciating this optimum gross current replacement cost to reflect the anticipated effective working life of the asset from new, the age of the asset and the estimated residual value at the end of the asset’s working life
More Accounts Questions
- Which of the following is NOT an example of capital receipt?
- Which of the following is true?
- Which of the following is a direct tax?
- Before the work of audit is commenced, the auditor plans out the whole of audit work is called _________.
- Calculate the value of work certified, if cash received is Rs. 480,000, being 80% of work certified.
- A company has sales ₹20,00,000, cost of goods sold ₹12,00,000, operating expenses ₹4,00,000, interest ₹50,000, tax 30%. Net profit after tax is:
- A company purchases machinery for ₹10 lakh. Estimated dismantling cost after 5 years is ₹1 lakh. The dismantling obligation is present as per contract. Wha...
- The due date for filing TDS return for the quarter ending 30th June is:
- Selling price = ₹100/unit, Variable cost = ₹60/unit, Fixed cost = ₹4,00,000. Sales = 12,000 units. Calculate sales amount if the desired profit is ₹80,000....
- The accounting rule, "Debit all ___________, credit all gains & income" pertains to ____ accounts.
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt