A company receives advance from customer for contract work. On balance sheet, this advance is:
Under RBI’s scale-based regulatory framework for NBFCs, an NBFC–Peer-to-Peer Lending platform (NBFC-P2P) will always fall under which regulatory lay...
All the following state taxes have subsumed under the GST EXCEPT:
What is the minimum Capital adequacy Ratio (CAR) requirement for a scheduled commercial bank as given by RBI?
The return forgone for the undertaking an investment is known as?
A retailer holds seasonal fashion inventory purchased at ₹20 lakh. At year-end, expected selling price is ₹25 lakh, but estimated selling costs are ...
The Bank overdraft repayable on demand will be reported in the cash flow statement as _____
In case of amalgamation in the nature of purchase, the excess of purchase consideration over the net assets is debited to:
If rights and beneficial interest in a property is transferred but documentation and legal formalities are pending then seller & purchaser should recor...
ICDS IV primarily deals with which aspect of financial reporting