AS 6 defines depreciation as a measure of the wearing out, consumption or other loss of value of a depreciable asset arising from use, passage of time or obsolescence through technology and market changes. Depreciation is allocated so as to charge a fair proportion of the depreciable amount in each accounting period during the expected useful life of the asset. Depreciation includes amortisation of assets whose useful life is predetermined. The depreciable amount of a depreciable asset should be allocated on a systematic basis to each accounting period during the useful life of the asset.
Which of the following is not a type of buyer on the GeM?
Which is not a continuous audit technique?
A security is a freely marketable and the investor has an intention to hold it for dividend income purposes for a period of 15 months only. Under whi...
During a reporting period, a company’s assets increase by Rs. 80,000,000. Liabilities decrease by Rs. 20,000,000. Equity must therefore?
What does the term "Surrender Value" signify in the context of insurance policies?
The lower a manager is in the organisational hierarchy, the more important his/her _______ skills are
Concurrent audit is a part of:
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
The certainty equivalent is _______.
On Jan 1, 2017 the position of V. Mathur was as follows:
Inventory in hand Rs. 2400; Bills payable Rs. 400; Cash at Bank Rs. 1800;...
