Related Questions

Rashna Company collected the following data in its accounting records in 2014 : From the income statement : Depreciation expense Tk. 1,000 Loss on sale of equipment 3,000 From the comparative balance sheet : Beginning balance , equipment Tk. 12,500 Ending balance , equipment 8,000 Beginning balance , accumulated depreciation 2,000 Ending balance , accumulated depreciation 2,400 No new equipment was purchased during the year. The equipment was sold at the end of the year. What was the cash in -flow from the sale of equipment in 2014?
A Tk, 3,900
B Tk. 1,000
C Tk. 900
D Tk. 600
Reza's collection contains US, Indian and British stamps. If the ratio of US to Indian stamps is 5 is to 2 and the ratio of Indian to British stamps is 5 is to 1, what is the ratio of US to British stamps
A 5:1
B 10:5
C 15:2
D 25:2
By which Act may be the British parliament did Queen Victoria assume the title of ‘the Empress of India’ to emphasize British sovereignty over the whole of British provinces in India and Indian states?
A The Royal Titles Act 1866
B The Royal Titles Act 1870
C The Royal Titles Act 1876
D The Royal Titles Act 1886
Equipment installation cost in a chemical process plant ranges from __________ percent of the purchased equipment cost.
A 10 to 20
B 35 to 45
C 55 to 65
D 70 to 80
In a decision to retain or replace equipment , the book value of the old equipment is a (n) -
A opportunity cost
B sunk cost
C incremental cost
D marginal cost
FM transmitting and receiving equipment as compared to AM equipment is
A Costly
B Cheaper
C Almost equally costly
D None of the above
Following the six-tenth factor rule, if a log-log plot of capacity of the equipment vs. cost of the equipment is made, then a straight line is obtained, whose slope is equal to
A 0.1
B 0.6
C 0.2
D 0.8
Square Company purchased a piece of equipment on January 1, 2022. The equipment cost was Tk 60,000 and had an estimated life of 8 years and a salvage value of Tk 8,000. What was the depreciation expense for the asset for 2023 under the double declining balance method?
A Tk 6,562
B Tk 6,500
C Tk 11,250
D Tk 15,000
E None of these
During the first hundred years of the British rule in India, people's resentment and opposition to the British policies mainly surfaced in the form of
A Tribal uprisings
B Peasant uprisings
C Civil uprisings
D Both A and B above
Dadabhai Naoroji's book 'poverty and un British rule in India' published in __________ analysed the nature of the British rule in India
A 1898
B 1901
C 1908
D 1946

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