Question
An oil company constructs a drilling platform at a cost
of ₹200 crore. It estimates a dismantling cost of ₹30 crore at the end of 25 years. The present value of this dismantling cost is ₹7 crore. How should this be accounted for initially?Solution
The present value of dismantling costs (₹7 crore) is added to the initial cost of the asset, making the capitalised cost ₹207 crore, and a provision is recognised for the same amount.
Consider the following statements with respect to Jizyah in DelhiSultanate:
1. Hindu subjects were subjected to Jizyah as a tax paid in lieu of...
"ATULYA', recently developed by Defence Institute of Advanced Technologyis:
Consider thefollowing:
1. Steatite
2. Bronze
3. Terracotta
Which of the material given above were used for Harappan figures/sculptures?
After King Ashoka's death, who ruled the eastern part of his empire?
Who started the Home Rule League?
Combine List-I and List-II and select the correct answer from the code given below
Who was the founder of the Haryanka dynasty in ancient India?
Consider the following statements regarding 'NatyaShastra':
1. It is a treatise on art of drama, da...
During which period did the Maurya Empire exist?
The painting of Bodhisattva Padmapani is one of the most famous paintings at
