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Mam how to get previous year paper of IFSCA legal ?
Q.19 If NRV=0 then it has no any value then why we put in P&L a/c ??
NRV is zero means very negligible recovery, so in that case any meagre amount collected will be credited to p&l
@@sapnachauhan2934 Thanks for clear the concept
ma'am which is depriciable land or patent Q.7 ??
Depreciation word is used for tangible assets, its not applicable for patents as it is intangible asset which is amortized.
@@sapnachauhan2934 yes but in both value of Asset are decreases with time or uses ??
Patent
very helpful session ma'am. Please do bring more such type of sessions for the IFSCA GRADE A 2024😊
Mam how to get previous year paper of IFSCA legal ?
Q.19 If NRV=0 then it has no any value then why we put in P&L a/c ??
NRV is zero means very negligible recovery, so in that case any meagre amount collected will be credited to p&l
@@sapnachauhan2934 Thanks for clear the concept
ma'am which is depriciable land or patent Q.7 ??
Depreciation word is used for tangible assets, its not applicable for patents as it is intangible asset which is amortized.
@@sapnachauhan2934 yes but in both value of Asset are decreases with time or uses ??
Patent
very helpful session ma'am. Please do bring more such type of sessions for the IFSCA GRADE A 2024😊