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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
Answers (5)
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.
CA Suraj Lakhotia Admin
Not yet charged. Now we need to provide for that as well.
ok sir but other way of assumption is also correct or i should charge always like assuming it is not charged if i calculate without that two months depreciation because there itself at the end they specified "considered refund of grant at beginning of June month and depreciation for two months already charged. Alternative answer considering otherwise also possible"
Thread Starter
N.V Karthikeyanok sir but other way of assumption is also correct or i should charge always like assuming it is not charged if i calculate without that two months depreciation because there itself at the end they specified "considered refund of grant at beginning of June month and depreciation for two months already charged. Alternative answer considering otherwise also possible"
the company has not charged. Now we need to charge