The Path to a Greener Future: Understanding Sustainable Development In an era where environmental challenges and resource depletion are becoming increasingly evident, the concept of sustainable development has gained significant importance. Sustainable development aims to meet the needs of the present without compromising the ability of future generations to meet their own needs. This blog post will explore the principles, goals, and strategies of sustainable development, highlighting its critical role in ensuring a balanced and healthy future for our planet. "Transforming our world: The path to sustainable development." What is Sustainable Development? Sustainable development is a holistic approach that integrates economic growth, environmental protection, and social equity. It seeks to create a harmonious relationship between human activities and the natural world, ensuring that resources are used efficiently and responsibly. Definition: The most widely recognized de...
Welcome back to Learn At Ur Desk! We are doing textbook solution series for TS Intermediate 2nd year Accountancy. We have started solving Chapter 1 Depreciation Problems and in my Last Post I have posted the solution for problem #10 and today we are going to solve Problem #11. Textbook Solution Series (TBS Series) for Telangana State Board of Intermediate Education (TSBIE) Second Year Accountancy. Chapter 1: Depreciation Page #41 problem #11. Madhu and Co. purchased the machine on 1 st April 2010 for ₹20,000. Depreciation is charged at 10% and a diminishing balance method. The company prepares accounts at the end of the financial year. Prepare machine account for three years. Working notes. Cost of Machine = 20,000 Depreciation for 2011 20,000 × 10 ÷ 100 = 2,000 Depreciation for 2012 20,000 – 2,000 = 18000 × 10 ÷ 100 = 1,800 Depreciation for 2013 18,000 – 1,800 = 16,200 × 10 ÷ 100 = 1,620. Ok that's it in this prob...