Question
Ramesh shows a profit of Rs. 5,00,000 for the year ended 31.3.2017. The figure has been arrived at after charging following against revenue: Purchase of Car for use in business Rs. 2,00,000 and treated as vehicle expenses. Omitting to record unpaid electricity bills for March 2017 of Rs. 50,000. The correct profit for the year ended 31st March 2017 is:
More Accounts Questions
- What is Government e-Marketplace (GeM)?
- An annuity that starts at a predetermined date in the future is called as:
- Which of the following instruments may have the same maximum maturity period but differ significantly in terms of eligible issuers?
- With the given information, calculate the Economic Ordering Quantity (EOQ): Annual Demand: 1200 units Unit Price: Rs 2.40 Ordering Cost per order: Rs ...
- Which of the following items does NOT appear under 'Current Assets' in a Balance Sheet?
- Under the equity method of accounting for associates (AS 23), the investment is initially recorded at cost and subsequently adjusted for:
- Which of the following ratios is a measure of a firm's short-term liquidity position?
- The primary goal of Financial Management is to:
- If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will:
- As per the Companies Act, 2013, Sections _____ provide for the qualifications, disqualifications, appointment, removal, rights, duties and liabilities of c...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)