Basics of Finan...

The depreciation is an expense accruing ______________.

The amount of annual instalment to depreciation funds is ______________.

The compound interest on Rs. 5,000 for two years at 4% is

The value of a car depreciates every year at the rate of 10% on its value at the beginning of the year. If the present value of the car is Rs 52,488 its worth four years ago was

Plant asset are depreciated over their useful lives. Which basic principle of accounting does this procedure reflect?

The main purpose of depreciation accounting is to _____________.

The VDIS-Voluntary Disclosure of Income Scheme was the brainchild of ______________.

According to $$AS-6$$, 'Depreciable assets' are assets which __________.

Which of the following is correct? Depreciable assets are those assets which:
(1) Are expected to be used for more than one accounting period.
(2) Have a limited useful life
(3) Are held for the purpose of re-sale
(4) None of these

What is the interest amount on a sum of Rs. 2500 at 12% Compound Interest for 2 years?