Question
A company purchases an intangible asset (software
license) for ₹20 lakhs, with a legal validity of 5 years and probable economic benefit of 8 years. As per accounting principles, over what period should the asset be amortized?Solution
As per Ind AS 38, an intangible asset should be amortized over the shorter of legal or economic life. Here, 5 years is the legal life and hence becomes the amortization period.
Which of the given trigonometric identities is incorrect ?
1. tan2 θ = sec2 θ - 1B. cosec2 θ = 1 + cot
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
(88.931% of 435) + (61.521% of 516) = ?
Monthly income of A is Rs. 66000 out of which he spent 18%, 11% and 21% of his total income in rent, medicine and transportation, respectively. Find his...
(56.04% of 550.06 + 19.92 × 18.13) – 121.97 = ?
Two trains, 'P' and 'Q', are moving with speeds of 16 m/s and 24 m/s, respectively. The lengths of the trains are in the ratio 3:...
?% of (144.31 ÷ 17.97 × 60.011) = 239.98
? = 540.24 + 1022.97 – 11.992
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
15.001% of 799.99 - 3/11% of 1099.99 + 111.002 = ?
