Question
A machine costing ₹8,00,000 has a salvage value of
₹80,000 after 10 years. The company follows Straight Line Method (SLM). During the 4th year, it switches to Written Down Value (WDV) method for better matching of cost and benefit. What should be the correct accounting treatment?Solution
Change in depreciation method is treated as a change in accounting estimate and applied prospectively as per Ind AS 16.
What does trypsin do?
What is the colour of the outer zone of complete combustion of candle flame?
Which of the following statement is/are true?
I. Metal oxides are acidic in nature
II. Non-metallic oxides are basic in nature
Which of the following isotope of hydrogen is radioactive in nature?
Which of the following is a water soluble vitamin?
Which of the following is correct regarding isobars?
I. They have different atomic numbers
II. The have same mass numbers
What is the nature of the pH of milk?
Chlorophyll-a is present in all photosynthetic organisms except
Water from soil enters into the root hairs owing to :
_____ is used for making chemical apparatus like beakers, flasks, etc.