guys, i'll be giving A/Cs grp2 exam (ipcc) on 11th may.
i am facing problem with an Electricity sum given in the practice Manual of ICAI (question 1) on depreciation
we know, the depreciation of self propelled vehicles in 9.50%
but in the solution dey has taken it as 5.28%
which rate should i take.
NOTE: in the sum it is mentioned as VEHICLES
shud i assume that the vehicles mentioned is not self propelled vehicle.
Yes ur query is right.
But from exam point of view we can give a note of above that it is not self proplled vehicle.
Are topics:
1) Replacement of components
2) Distribution of surplus
applicable in electricity co. accounts for this attempt?
@ sarvesh :thanks :)
@ Ankit: those topics r not applicable nemore
Ankit : Refer dis.
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