Start learning 50% faster. Sign in now
Change in useful economic life of an asset is change in accounting estimate, which is to be applied prospectively, i.e., the depreciation charge will need to be recalculated. On 1st January, 20X4, when the asset's net book value is 60,000. The company should amend the annual provision for depreciation to charge the unamortized cost (namely, 60,000) over the revised remaining life of four years. Consequently, it should charge depreciation for the next four years at 15,000 per annum.
Soils most suitable for agriculture are those whose PH value is between .......................?
The sphere within which price determining forces operate is
Which of the following is responsible for pungency in mustard oil?
Flooding is the method used for the reclamation practice in which of the problematic soil?
Mycology is the study of:
When a company identifies the parts of the market it can serve best and most profitably, it is practicing ________.
What is the recommended area of a calving box with adequate soft bedding?
Which of the following considered as main transmitters of viruses to plants?
How much more percentage of plant accommodates by Hexagonal system as compared to square system?
Where do grasshoppers lay eggs?