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.
In the question given below, some sentences/phrases are given which have to be arranged in a proper sequence. Select the option that best defines the p...
- Given below are four jumbled sentences. Select the option that gives their correct logical sequence.
(A) Navigators measure the angles between thes... Which of these should be the FIFTH sentence after rearrangement?
Select the option that gives their correct ordes.
A.In China, thousands of people celebrated it .
B.The Lunar New year of The pig began on...
Which of the following is the second sentence if the passage?
Given below are four sentences in jumbled order. Pick the option that gives their correct order.
A. She had never seen the like of it before.
...Public goods are
P: essential as they always
Q: reduce the impact of
R: income poverty and inequality
A. mere negligence
B. as instances of
C. it would be wrong to
D. categorize deliberate acts
A. Although the changes are minute, measured in milliseconds per day, they have significant implications for our technology-dependent world, particularl...
In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark it as your an...
