Question
Indian manufacturing output grew by 5.6% a year between
_____ and _____ .Solution
Between 1913 and 1938, Indian manufacturing output grew 5.6 percent a year. It was well ahead of the world average of 3.3 percent.
If the capital of a business is 230000, liabilities are 50000, loss 80000, then asset will be?
A machine costing ₹8,00,000 has a salvage value of ₹80,000 after 10 years. The company follows Straight Line Method (SLM). During the 4th year, it s...
A machine costing ₹8,00,000 has a salvage value of ₹80,000 after 10 years. The company follows Straight Line Method (SLM). During the 4th year, it s...
There are certain expenses that may be in the nature of revenue but their benefit may not be consumed in the year in which such expenditure has been inc...
Under AS 6, which of the following cannot be considered a method of depreciation?
If a firm has been changing its depreciation policy every year, it is violating the_______ concept/principle of accounting.
Under which condition will no depreciation be charged on a fixed asset during a financial year?
Which asset is not eligible for depreciation under the Income Tax Act?
A company acquired a machine for ₹12 lakhs with an expected useful life of 6 years and residual value of ₹1.2 lakh. Using the straight-line method, ...
NRV or net realizable value of inventory is the expected selling price or market value less....
