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as 12

Accountancy

sir second question specifically stated that assuming that the company did not charge any depreciation for the year 2019-20. but solution was stating that considered refund of grant at beginning of June month and depreciation for two months already charged. Alternative answer considering otherwise also possible. why did the solution is assuming another when question clearly states sir i didnt considered 2 months depreciation as per the question so will my answer is correct Video Details ------------- P1 - Accounting Standards - CA Inter AS 12 #11. AS 12 Past Exam RTP Compilation

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N.V Karthikeyan

N.V Karthikeyan

CA Inter

1K+

23-Jan-25 23:11

400

Answers (5)

The company didn't charge depreciation only for the year 2019 - 20. For the previous years it will charge depreciation.


Likith kumar Duganapalli

Likith kumar Duganapalli

Moderator

24-Jan-25 08:56

yes sir i said the same i mentioned that if the question assuming that depreciation is not charged for 19-20 then why in the solution assuming they charged depreciation we assume if only the question is silent but here the question clearly mentions what we should assume so wouldnt that be wrong to assume the opposite of the question.


Thread Starter

N.V Karthikeyan

N.V Karthikeyan

CA Inter

1K+

26-Jan-25 18:26

Not yet charged. Now we need to provide for that as well.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

27-Jan-25 20:05

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