No products in the cart.

  1. Homework Help
  2. ICSE & ISC
  3. Class 11
  4. Accountancy

Changing the whole cost of the …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now
Changing the whole cost of the asset in the first year itself is not correct. Why?

    • Posted by Sindhuja R Subash 4 years, 7 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 1 answers

    Bikash Dubey 4 years, 6 months ago

    As asset( fined assets not current assets) is being used for more than one year and its abide by going concern concept.

    1Thank You

    ANSWER
    http://mycbseguide.com/examin8/

    Related Questions

    On Ist April, 2020, Plant and Machinery was purchased for 1,20,000. New machinery was purchased on 1st Oct., 2020, for ₹50,000 and on 1st July, 2021, for ₹25,000. On 1st January, 2023, a machinery of the original value of ₹20,000 which was included in the machinery purchased on 1st April, 2020, was sold for 26,000, Prepare Plant & Machinery A/c for three years after providing depreciation at 10% p.a. on Straight Line Method. Accounts are closed on 31st March every year

    • Posted by Vip Padmaraj 1 year, 3 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 0 answers
    Mr . Manoj a commerce student opted

    • Posted by Sufiyan Gulab 3 years, 1 month ago

    ICSE & ISC > Class 11 > Accountancy
    • 0 answers
    Gaap CH explain

    • Posted by Amay Nauriyal 3 years, 2 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 0 answers
    Mr Tushar decided to start a business

    • Posted by Pavan Ramakrishna 1 year, 8 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 0 answers
    Case study of a sole proprietor including 25 transaction and make journal ledger trial balance trading account profit and loss account and balance sheet from the transactions

    • Posted by Shivi Agarwal 1 year, 6 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 0 answers
    What is management

    • Posted by Muhammed Hisham 3 years, 4 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 1 answers
    Commenced business with cash ₹60000

    • Posted by Adithyan Santhosh 2 years, 1 month ago

    ICSE & ISC > Class 11 > Accountancy
    • 1 answers
    Paid A. Shina a cheque in full settlement of the account rs 1800

    • Posted by Anirban Mitra 2 years, 4 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 1 answers
    Manoj, naresh and Om were commerce students. They had opted computer subject

    • Posted by Kush Shrivastava 2 years, 10 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 0 answers
    On 1st April 2014 veeru Ltd

    • Posted by Drishti Jodhani 3 years, 4 months ago

    ICSE & ISC > Class 11 > Accountancy
    • 0 answers

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2024