02 September 2019
My Question Is, 1)A MOTOR BYKE'S VALUE IN THIS YEAR A.Y. 2019-20 ON BALANCE SHEET IS ₹90,000 WITH 15% DEP. THEN AFTER SEVEN YEARS HOW MUCH VALUE OF THE MOTOR BYKE ON THE BALANCE SHEET? ₹0 OR ANY MINIMUM VALUE? 2) In Profit Loss Sheet of a Cyber Cafe Business , if any new computer or any new Equipments has purchased , then the new computer or Equipment can show on pofit loss sheet as a loss?
CAclubindia
