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Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
2040X of Kolkata sends out goods costing 300,000 to Y of Mumbai at cost + 25%. Consignor’s expenses Rs 5000. 1/10th of the goods were lost in transit. Insurance claim received Rs 3000. The net loss on account of abnormal loss is (a) Rs.27,500 (b) Rs.25,500 (c) Rs.30.500 (d) Rs.27,000
2 7389We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
Vini,
2121Before casting a basement roof slab which is connected with retaining wall surcharge load (i.e. sand or earth filling) outside the retaining wall is prohibited because of––
2424why capacitor do not switch ON the DG power? (I had checked, capacitor ON in DG power that time current rating was reduced.)
1 3555hi i am selected as auditor cgda for AP(2012) when will be the posting what will be my action or from where can i get information of posting
SSC,
2904In Inheritance if we are implementing Multi level inheritance and all class having same name of variable and now i want to access each class variable and how it is possible?
2 5089
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