Question
In India, every year the National Farmers Day is
celebrated on:Solution
The National Farmers Day in India is also known as Kisan Divas in Hindi. Farmer's Day is celebrated every year on 23 December, on the birthday of the 5th Prime Minister of India, Choudhary Charan Singh
Noting charges are recoverable from:
Mr. A draws a bill of exchange for ₹1,00,000 on Mr. B for 90 days. Mr. B accepts it and it is discounted by Mr. A from the bank. On maturity, Mr. B fa...
When a bill is dishonored, the drawer's account is debited in the books of the drawee because:
Mr. Arvind drew a bill of exchange of ₹1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
A bill of exchange for ₹40,000 was discounted with the bank for ₹39,500. The amount of discount charged is:
Noting charges are ultimately borne by the:
Which accounting standard governs the treatment of inventories in India?
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
CSR stands for
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?