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.
The following sentence has been divided into four parts. Identify the part that has an error.
You will have to pay heavy for this mistake of yours.
Crop failure due to prolonged dry spells during crop period and less than 75 days of crop growing season are the characteristics of which type of farming?
The lower half portion of the sugarcane is not preferred for planting (sowing) as it:
Post-emergence herbicide for weed management in rice is
The scientific name Tasar Silkworm is:
Causal agent of Black mildew in mango plant?
The average dry matter requirement of desi cow is ____ during dry period and ____ during lactating period.
Mode of pollination in potato is :
The objective of the edible oils packaging (Regulation) order 1998 is to:
Karnal Bunt of wheat, a disease that causes a characteristic fishy odor in affected grains, is caused by which of the following pathogens?