Question
How is U related to
W? Answer the questions based on the information given below. There are six members T, U, V, W, Y and Z in the family of three generation. No single parent has a child. Y is daughter in law of V, who is grandfather of Z. T is the only son of W, who is not married to V. Z has a sibling.Solution
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....
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