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.
Find the largest 5-digit number that is divisible by 18, 24, and 36.
A fraction becomes 1/6 when 4 is subtracted from its numerator and 1 is added to its denominator. If 2 and 1 are respectively added to its numerator and...
Find the value of 6 + 66 + 666 + 6666 +hellip;hellip;hellip;hellip;.. + n terms.
1. `(2)/(3) ((10 xx (10^(n)- 1))/9 - n)`
2.
A two-digit number has a sum of its digits equal to 11. Additionally, if 54 is subtracted from this number, the resulting number has its digits reversed...
In a school a total of 4,900 pencils were distributed among all the students in the school. The pencils were distributed in such a way that number of pe...
- If the number 8357pt is divisible by 15, how many values can 'p' take?
- When a number is divided by 63, it leaves a remainder of 34. What would be the remainder when this number is divided by 9?
- Find the median of the following observations:
101, 104, 99, 97, 102, 106, 105 A Student was asked to add 8 and subtract 5 from a number. By mistake, he added 5 and subtracted 8. If his answer is 11, what should be the correct answer?
Two positive numbers differ by 1280. When the greater number is divided by the smaller number, the quotient is 7 and the remainder is 50. The greater nu...
