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AS 6 defines depreciation as a measure of the wearing out, consumption or other loss of value of a depreciable asset arising from use, passage of time or obsolescence through technology and market changes. Depreciation is allocated so as to charge a fair proportion of the depreciable amount in each accounting period during the expected useful life of the asset. Depreciation includes amortisation of assets whose useful life is predetermined. The depreciable amount of a depreciable asset should be allocated on a systematic basis to each accounting period during the useful life of the asset.
Under the NPS Vatsalya scheme, partial withdrawal is allowed for purpose of education of subscriber, treatment of specified illnesses, disability more t...
One of the bonds used to raise debt is zero coupon bonds. Which of the following statement is incorrect regarding Zero Coupon Bond?
What is the minimum Capital adequacy ratio (CAR) proposed for All India Financial Institutions in a recently released draft by RBI?
Which of the following is considered a profitability measure?
NSDL and CSDL are the example of: -
Which schedule of the Companies Act, 2013, pertains to the Format of Statement of Profit and Loss Account?
Which reference rate is likely to get scrapped completely by the end of year 2021?
What is the threshold f or mandatory onboarding in TReDS for buyers?
Which of the following are part of Market Infrastructure institutions?
Which regulatory body governs Limited Liability Partnership (LLP) firms in India?