Question
Answer the questions based on the information given
below. Seven persons stay in 7 different floors of a building such that no two persons stay in same floor. The floors are numbered 1 to 7 respectively from bottom to top. At least 4 persons stay between I and F. Odd number of persons stays below I, who stays on a prime numbered floor. Three persons stay between K and H such that K stays above H. J lives immediately above G. L lives on an even numbered floor. Who among the following lives on the 1 st floor?Solution
A company purchases machinery for ₹50 lakhs with a useful life of 10 years and salvage value of ₹5 lakhs. The company uses straight-line depreciatio...
Under which condition will no depreciation be charged on a fixed asset during a financial year?
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Under AS 6, which of the following cannot be considered a method of depreciation?
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A machinery costing ₹10 lakhs has a useful life of 5 years and a salvage value of ₹1 lakh. Using the straight-line method, the firm changes the usef...
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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 the Written Down Value (WDV) method, depreciation is:
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