Basics of Finan...

If a firm produces goods with Rs. 10,000 and the cost of raw materials is Rs. 10,000 and the firm will pay tax on Rs. 4000. It is paying tax according to:

Depreciation accounting is _______________.

With reference to manufacturing account, which of the following is not true:

Depreciation is related to:

When the plant and machinery are in very good condition, depreciation:

Which of the following statement is true?

Useful life of a depreciation asset should be estimated after considering:

If the Market price of machinery is more than the book value then ________________.

A sum of money becomes $$\text{Rs. }6,500$$ after $$3$$ years and $$\text{Rs. }10,562.50$$ after $$6$$ years on compound interest. Find the initial amount of the money.

The profit on depreciation policy is transferred to :