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.
Pre emergence herbicides are applied by
Causal agent of Black mildew in mango plant?
In Insects, if the food resources shared equally by the competing members it is called
PMAY-U 2.0 will provide financial assistance to how many urban families (urban poor and middle-class) over 5 years?
Father of green revolution in India
Which bacterial infection in fish is characterized by cotton-like growth on the skin and saddle-like lesions on the back?
Zygodormancy is present in:
Winds and air currents differ in the aspect that:
Source of trypisn enzyme is
The Indian council of Agricultural Research (ICAR) set up an All India Soil Survey Committee in 1953 which divided the Indian soils into …….. major ...
