Question
A company obtains a loan with interest rate linked to
external benchmark and pays interest monthly. For presentation of finance cost under Ind AS, interest expense should be:Solution
The accounting for borrowing costs is governed by Ind AS 23. Interest is capitalized only if it is directly attributable to the acquisition, construction, or production of a qualifying asset. All other borrowing costs are expensed.
Statements: L < M > P ≥ Q; N > O > M
Conclusions:
I. N ≥ Q
II. O > L
III. L = QÂ
Statements: P @ Q, Q # R, R % S
Conclusions: a) P # RÂ Â Â Â Â Â b) P @ S
Statements: V > R ≥ W < Z; X ≤ W; U < R ≤ Y
Conclusions:
I. X < Z
II. W < Y
III. Z > UÂ
I n the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and ...
Statements: Z > Y ≥ X; I < N ≤ L; F < I > D > Z
Conclusions:
I. L > F
II. X < N
III. Y < I
Statements: K ≥ N = I ≥ H ≤ U; B = S ≤ I
Conclusion: I. B < K II. B = K
Statements: P < R > U = T ≥ V = Q; Q < W = X > S = D
Conclusions:
I. X > V
II. S > V
III. X > T
Statements: L = T > V ≥ M = I; V < O ≤ U = S
Conclusions:
I. T < S
II. U > I
Statements: Q ≤ R < A; R ≥ N > S; S ≥ T > U
Conclusions:
I. A > N
II. U < N
III. S ≥ Q
Statements: Q $ W, W % E, E @ K
Conclusions: a) Q $ K Â Â Â Â b) W @ K
