Question
As per the accounting standards, the impairment loss on
a revalued asset is recognised in _______Solution
An impairment loss on a non-revalued asset is recognised in profit or loss. However, an impairment loss on a revalued asset is recognised in other comprehensive income to the extent that the impairment loss does not exceed the amount in the revaluation surplus for that same asset. Such an impairment loss on a revalued asset reduces the revaluation surplus for that asset (AS 36).
The average expenditure of a man for the first 7 month is Rs.5000 and for the next 5 months is Rs.8000. If he saves 12000 in that year then find his ave...
The average age of a class of 20 girls is 15 years. If 5 new girls having average age of 10 years join the class, then the average age of the class beco...
5 positive numbers are written on a piece of paper. Sum of first 3 numbers is 60 and ratio of the 4th and the 5th number is 2:3. If difference between t...
Average 20 numbers is ‘x’. If the average of first 12 numbers is 72.5 while average of last 5 numbers is 82.2 and 13th, 14th a...
60% of 3840 +? + 30% of 4380 = 40% of 8340 + 10% of 3480
The average age of 32 children and their teacher's age are 28 years. If the teacher's age is excluded, the average reduces by 1. What is the teacher's age?
A number is such that when it is multiplied by 9, it gives another number which is as much above from 420 as the original number (itself) is below 420. ...
Each question contains a statement followed by Quantity I and II. Read the information clearly and answer your questions accordingly.Â
 Quan...
- In a classroom, the ratio of the number of boys, girls, and teachers is 5:4:1, respectively, and the average number of people in each category is 50. What ...
The average wage of a group of 25 labourers is Rs. 470. If 4 persons receiving average wage of Rs. 350 leave the group and 2 persons receiving average w...
