Question
ABC Ltd reports capital expenditure of Rs 12000,
long-term asset sales of Rs 4000, and depreciation expense of Rs 1200. The long-term asset sales were fully depreciated. What is the fixed capital investment for the year?Solution
Net Fixed capital expenditure during the year = Capital investments made during the year – proceeds from the sale of long-term asset           = 12000 – 4000 = 8000           (As long-term assets were fully depreciated, depreciation is not deducted again).
Who is considered a "complainant" under the Consumer Protection Act?
Who prepares a panel of names of persons fit to be appointed as Public Prosecutors or Additional Public Prosecutors?
A mortgagee in possession has the right to ____________________-
No company limited by shares shall, after the commencement of the Companies Act, 2013 issue any preference shares which are __________________
Power of High Court to confirm death sentence is given under Section ……… of CrPC
The Board shall, submit to the Central Government a report giving a true and full account of its activities, policy and programmes during the previous f...
Which of the following is a primary duty of a trustee under the Indian Trusts Act, 1882?
Which companies cannot make political contributions and under section 182 of the Companies Act?
When must the buyer make payment to the supplier for goods or services rendered under the MSMED Act?
Which of the following is prohibited under the Foreign Exchange Management Act (FEMA), 1999?
