Question
A leased asset should be depreciated over
theSolution
The depreciation policy for assets held under finance leases is consistent with that for owned assets. If there is no reasonable certainty that the lessee will obtain ownership at the end of the lease then the asset is to be depreciated over the shorter of the lease term or the life of the asset.
Which ministry organized the consultative workshop on the Blue Economy Pathways study report status in New Delhi?
Which of the following is a measure of inflation?
In May 2019, Suresh Kumar was appointed as the Chief Technology Officer of:
Bathukamma festival, is celebrated as per the Sathavahana calendar for nine days in which Indian state?
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GE Power India Limited is in collaboration with which government company for reducing carbon intensity?
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Which organization was established in response to the December 2004 Indian Ocean tsunami?
From 1337 to 1453, who were the main combatants in the Hundred Year's War?
