A JOURNEY TOWARDS TRUTH, PEACE .

hEY ! BHAI ! wHAT'S HAPPENING?     THE ONLY THING PROBABLY WE KNOW IS THAT THE  TIME LEFT FOR  31st august 2016.  zara dekte chalo. aage bhi peeche bhi oopar hi nahin neeche bhi

A firm purchased a 5 years' lease for $40,000 on first January. It decides to write off depreciation on the annuity method. Presuming the rate of interest to be 5% per annum. Show the lease account for the first 3 years. Calculations are to be made to the nearest dollar. Annuity Table Amount required to write off $1 by the annuity method. Years 3% 3.5% 4% 4.5% 5% 3 0.353530 0.359634 0.360349 0.363773 0.367209 4 0.269027 0.272251 0.275490 0.278744 0.282012 5 0.218355 0.221418 0.224627 0.227792 0.230975 6 0.184598 0.187668 0.190762 0.193878 0.197017 7 0.160506 0.163544 0.166610 0.169701 0.172820 8 0.142456 0.145477 0.148528 0.151610 0.154722 Solution: courtesy: google. According to the annuity table given above, the annual charge for depreciation reckoning interest at 5 percent p.a. would be: 230975 × 40,000 = $9,239 Lease Account Debit Side Credit Side Date $ Date $ 1st Year 1st Year Jan. 1 To Cash 40,000 Dec. 31 By Depreciation 9,239 Dec. 3

G N S is still awaited.  In the meantime, we may go ahead with a joke that could be in tune with what is going on. It happened just on the eve of Annual Examinations of that school.  All on a sudden, the history  teacher has to go on leave for full one month.  The question paper was to be set, but before anyone could think of it, the teacher had already left. On the day, when the HM called in confidence, the teachers whom he trusted to set the question papers, he remembered to his horror, his history  teacher was not there.  He had no time to call him back.  and the work has to be entrusted to some other teacher.  He called the science teacher, who was always his Friday man, to set the question paper.  The science teacher blinked , pleaded his helplessness, and as most of our bosses used to  say,  the HM said: You can do it. Believe in yourself. Go and set the question paper.  The science teacher had no other go.  He took the history books , read and read it for m

A NEW SITUATION ALWAYS GIVES RISE TO A NEW OPPORTUNITY TO SERVE THE PEOPLE AROUND YOU. TO SERVE THE PEOPLE WHO BELIEVE YOU.

G N S INFORMS  HE IS BACK HOME  FROM HOSPITAL. HE IS FINE.  ....sms received from GNS by author. 4.39 p.m.