Advertisements
Advertisements
प्रश्न
For which of the following assets, the depletion method is adopted for writing off cost of the asset?
विकल्प
Plant and machinery
Mines and quarries
Buildings
Trademark
Advertisements
उत्तर
Mines and quarries
APPEARS IN
संबंधित प्रश्न
Answer in One Sentence only:
Why depreciation is charged even in the year of loss?
Answer in One Sentence only:
Which account is credited when depreciation is charged?
Write the word/term/phrase which can substitute the following statement:
The method of depreciation in which the total depreciation is equally spread over the life of the asset.
Write the word/term/phrase which can substitute the following statement:
Excess of Selling price of fixed asset over its Written Down Value.
Select the most appropriate answer from the alternatives given below and rewrite the sentence:
Depreciation is charged only on ______ assets.
Select the most appropriate answer from the alternatives given below and rewrite the sentence:
The amount that a fixed asset is expected to realise on its disposal is known as ______
Under straight-line method, the amount of depreciation is ______.
State the limitations of straight-line method of depreciation.
State the advantages of written down value method of depreciation.
Correct the following statement and rewrite the statement.
Underwritten down value method depreciation is calculated on the original cost of an asset.
