Question
Sunita accepted a 90 days bill of Rs. 20,000/- drawn by Vinita on 05.02.2017. On 13.03.2017 Sunita wished to retire the bill. Vinita offered rebate @ 10% p.a. What is the amount of rebate?
More Accounts Questions
- Which of these is a primary objective of financial reporting?
- If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
- Which of the following investments are covered under the scope of Ind AS -40?
- Which of the following is an example of an 'Off-Balance Sheet' exposure?
- Section 7 of the CGST Act delines which of the following?
- Under the Indian Contract Act, the suggestion as a fact of that which is not true by one who does not believe it to be true and the active concealment of a...
- Under which section of the Income Tax Act, 1961, can an individual claim a deduction for the payment of Medical/Health Insurance Premium?
- Under the Credit Guarantee Scheme for Micro and Small Enterprises (CGTMSE), what is the guarantee cover tenure for working capital facilities?
- Following data has been extracted from the records of BCG Ltd. Machine hours: 8,00,000 (Maximum), 3,00,000 (Minimum). Manufacturing Overheads (₹ in lakh): ...
- In relation to auditing concepts, which of the following statements is INCORRECT?
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
