vu bio201 Mid Term Subjective Solved Past Paper No.2
vu bio201 Cell Biology Solved Past Papers
This subjective solved past paper is related to book/course code vu bio201 Cell Biology which belongs to vu organization. We have 2 past papers available related to the book/course Cell Biology. This past paper has a total of 4 subjective questions belongs to topic Mid Term to get prepared. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to get prepared for exams by learning subjective questions online on NVAEducatio.
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Long Term Liabilities
Long Term Liabilities are all those liabilities that will become due for payment after a period of 12 months from the balance sheet date.
Long Term Liabilities may include any or all of the following heads:
Long term financing Debentures Liabilities against assets subject to finance lease; Long term modaraba; Long term deposits; and Deferred liabilities.
Benchmark Treatment
The benchmark treatment of borrowing costs is the most straightforward and prudent. The accounting policy adopted for borrowing costs should be disclosed Under the benchmark treatment of IAS 23 borrowing cost should be treated as expense in the period they are incurred regardless of the of how the loan is used.
Allowed alternative Treatment
Borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset should be capitalized as cost of the asset".
