Question
A company purchased machinery for ₹20,00,000 on 1st
April 2022. Freight ₹1,00,000, Installation ₹50,000, Trial run expenses ₹30,000, and Loss during trial ₹20,000. Depreciation is 10% on straight line method. What will be depreciation for FY 2022-23?Solution
Capitalized cost = 20,00,000 + 1,00,000 + 50,000 + 30,000 = 21,80,000. Trial loss excluded. Dep = 21,80,000 × 10% = ₹2,18,000
What type of performance guarantee is given in case of public tenders?
Tenure of first auditor shall be from the date of appointment till the?
Calculate the direct exchange rate between INR and HKD from the following information
Spot INR/GBP = 100.82
Spot HKD/GBP = 10.71
Fo...
Which of the following is/are the basic component(s) of financial risk?
An investment fund that is traded on an exchange is known as
Which of the following is NOT mentioned as an eligible external benchmark in the circular on External Benchmark Based Lending issued by RBI?
What is meant by the term "market capitalization" in equity markets?
Which of the following banks was established as a private sector bank in India?
1) Axis Bank
2) IDBI Bank
3) ...
One of the best sources of information on training needs of employees in an organisation is their Performance Appraisal. In fact, many organisations hav...
In which of the following situations is it advisable for an investor to buy a bond?
