Question
The main object of the audit of the cash book may be
________.Solution
The main objective of auditing the cash book is to ensure that all receipts and payments have been accurately and completely recorded. Auditing the cash book involves verifying the accuracy and completeness of cash transactions, ensuring that no errors or omissions have occurred in recording the financial activities related to cash inflows and outflows. This helps in establishing the reliability of the financial records and the internal control system in place for cash management.
A shopkeeper give 4 articles free on the purchase of every 12 articles. He also allows a discount of 20% to customer and still earns 20% profit. Find th...
A product with a marked price of Rs. 3200 was sold at Rs. 2048 after applying two successive discounts of z% each. Find the discount percentage z.
Cost price and Selling price of a handbag were Rs.1a and Rs.2a. and the marked price of the article is Rs.700 more than the cost price. If both selling ...
On selling an article for Rs 264 a man loses 4%. In order to gain 12%, find the selling price of the article.
The ratio of the cost prices of Leather Shoes to Sports Shoes is 6:5. Both types of shoes are sold after a single discount of 20% for Leather Shoes and ...
Amir sells his bike to Nitin at a profit of 30% who sells it to Rohan at a loss of 10%. Rohan, after finding some scratches in the bike, returns it to N...
A book was sold for Rs. 250.90, earning a profit of 18%. If the selling price had been Rs. 230.40 instead, what would have been the profit or loss perce...
A shopkeeper bought two articles for Rs. 500 each. If he sold one of them at 25% profit and the other at 15% loss, then find the difference between the ...
A shopkeeper marked an article ‘A’ 25% above the cost price and sold it for Rs. 7056 after giving a certain discount while he sold an articl...
The ratio of cost price to marked price of a rice bag is 7:8 and the Marchant gets a profit of Rs.80 by selling the rice bag at Rs. 500. Then, what will...
