Question
In financial terms, ___________ enables the analysts to
identify slow paying debtors. (Pick the most appropriate option in line with the spirit of the question)Solution
An ageing schedule, also known as accounts receivable ageing, is a financial report that categorizes a company's outstanding accounts receivable (amounts owed by customers) based on the length of time the invoices have been unpaid. It presents a breakdown of the outstanding receivables by different time periods, such as 30 days, 60 days, 90 days, etc. This schedule helps analysts and management identify and track slow-paying or overdue debtors, which can have implications for the company's cash flow and financial health.
Which ICDS deals with Accounting Policies?
Match the following Auditing and Assurance Standards (AAS) with their titles.
Goods worth Rs.100,000 taken by the owner for his personal use should be credited to:
The first auditor of a company (other than government company) is appointed by the ______ within ______ of registration of the company by passing a vali...
………… of CGST Act, 2017 lists down the activities which shall be treated neither as supply of goods nor as supply of services. Â
...Which act primarily governs the field of general insurance in India?
Which of the following is not a member ministry in the National Board for MSMEs?
What is the maximum limit of gratuity payable, under the Payment of Gratuity Act, 1972?
ICDS III deals with which of the following:Â
Which of the following is an example of capital expenditure?
