Question
A company incurs heavy advertising expenditure of ₹2
crore in launching a new product. It wishes to defer the expense over 4 years. As per accounting standards, how should this be treated?Solution
As per AS-26 (Intangible Assets), such expenses are revenue in nature and should be fully written off in the year incurred.
From time immemorial, spiritual
seeker have wrestling in gain control over the mind that is necessary for realisation, but which easily...
Which of the phrases A, B, C and D given below each sentence should replace the word/phrase printed in bold in the sentence to make it grammatically c...
In the questions, a part of the sentence is highlighted. Below are given alternatives to the highlighted part which may improve the sentence. Choose ...
He behaves as if he is the supreme leader.
The road accident led to his loss of memory.
In the following question, a sentence is given with a phrase or idiom highlighted in bold. Select the option given below that can replace the highlight...
- In the following questions, some part of the sentence is given in bold. Which of the options given below the sentence should replace the bold part to make ...
My younger brother and sister help me over my work
They didn't pay any heed to their superior's instructions. I did neither.
In the questions given below, a part of the sentence is given in bold. Below each sentence, some phrases are given which can substitute the bold part ...
