Betterment of fixed assets or improvement of an asset to produce more to improve its earning capacity or to reduce its operating expenses or to increase the life of asset.
Accounting principles = concepts + accounting conventions commonly known as GAAP (Generally accepted accounting principles) based on which financial statements are to be prepared. Accounting principles are divided into two parts, concepts, and conventions.
What is Citizenship Amendment Bill, 2019? Citizenship Amendment Bill, 2019 The citizenship (Amendment) Bill, 2019 (CAB) is a bill amending the citizenship Act of 1955…