Question
ABC ltd purchased a machine for ₹20,000. After a
period of 5 years, the accumulated depreciation charged on the machine is ₹4,000. However, due to a boom in the market, the current market value of the machine is ₹26,000. At what value should the machine be recorded in the books of accounts and because of which accounting concept?Solution
The correct answer is C
Which river rises in the Indian Himalayas?
Which of the following regions lie in the rain shadow zone of the South west monsoon?
1. Interior parts of Maharashtra
2. Madhya Pradesh
Consider the following statements:
1. Chota Nagpur plateau presents a radial drainage pattern.
2. Karbi-Anglong plateau lies in the west t...
Block Mountain is located at________
Consider the following pairs:
Place of Pilgrimage Location
1. Srisailam Nallamala Hills
2. Om...
With reference to the tropical deciduous forest, consider the following statements:
1. They are called monsoon forests.
2. The moist decid...
Which Indian state is the largest by area?
What is the total length of India – Pakistan border?
Consider the following statements:
1. The duration of the monsoon decreases from southern India to northern India.
2. The amount of annu...
India shares its longest international border with ________.
