Question
Which of the following is an example of an adjusting
event as per AS 4?ÂSolution
The correct answer is C
A shopkeeper planned to sell 200 shirts each priced at Rs 2,240 in a particular year. Each shirt, if it had been sold at the mentioned price would have ...
Akash bought a sofa for Rs. 12500. After one year he sold it to Deepak at 12% less of his cost price. Deepak spends extra Rs. 500 for its repair. And of...
A shopkeeper earns a profit of 30% by selling an article. What would be the approximate percent change in the profit percent, if he had paid 20% less an...
A Bread packet is sold at a profit of 20% after a discount of 25%. where the difference between profit and discount is Rs.370 then what will be the ma...
- A shopkeeper sold an item at a 20% profit. If he had purchased it for Rs. 400 less and sold it for Rs. 240 more, his profit margin would have increased to ...
A merchant sold four types of products P, Q, R, and S. He sold products P and Q in the ratio of 3:4, while he sold products R and P in the ratio of 7:3....
While selling a Bike, Max gives a discount of 25% on the marked price. If he gives a discount of 30%, he earns Rs. 120 less as profit. The marked price...
Raj purchased a television at the price of Rs. 50,000 and sold it at a loss of 12%. With this money, he again purchased a new television and sold that a...
A Publisher published 2500 books for Rs. 175000. He gave 400 books free as samples to some books shops, besides he was able to sell 2/3rd of the remaini...
Ratio of Cost price to selling price of a book is 5:6 and ratio of selling price to marked price is 4:5. Marked price of the book is by what percent mo...
