Answer Posted / chetan
land unlike other assets is a natural property and it is
always limited in supply against its demand. By virtue of
economics, the rent which is paid on the use of land is
also assumed to be ever increasing...Therefore, being a
primary factor of production and being limited in supply,
land is never depriciated.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Tell me where do generally accruals appear on the balance sheet?
Tell me how many types of business transactions are there in accounting?
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
What information is included in a bill for services?
what is the enty for contract bill raised?
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
What is the difference between accrual
Do you know what qualities and skills make an account manager successful?
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
What GP resew of balance sheet taking.
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
Tell me what is trial balance in accounting?
Tell me about a situation where you showed determination?
Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method
