Question
On purchase of old furniture, the amount of ₹1,000
spent on its repair should be debited to:Solution
When an asset (like old furniture) is purchased and immediately repaired to bring it to usable condition, the repair cost becomes part of the capital cost of the asset. Hence, it should be added to the Furniture account, not expensed as a revenue expenditure.
_____________is an indication which identify a good as originating from a particular region
In delinting process, the ratio of concentrated sulphuric acid to cotton seed is:
Feeding habit of silver carp is
EC (dS/m) and Boron content (ppm) of normal water is
In which of the following crop staggering is not required for hybrid seed production?
What is the ploidy of primary endosperm nucleus?
Under which condition the hybrid seeds produced should be compulsorily subjected to grow out test for grant of certificate?
Specific yield is also known as
Every year the World wetland Day is celebrated on 2nd February. The theme foe the year 2023 was
Which is not a method used in national income accounting?