Question
The concept of average due date is used for which of the following? (i) For calculating interest on drawings of partners (ii) For settling accounts between principle and agent (iii) For settling contra accounts e.g. where parties sell goods to each other (iv) For making lump sum payment against various bills drawn on different dates with different due dates
More Accounts Questions
- In PSUs, the 'Two-Bid System' commonly used in purchase procedures refers to:
- What does ERP stand for?
- Which of the following is not a type of director that can be appointed on the Board of a company?
- According to the provisions of section 194B, every person responsible for paying to any person, whether resident or non-resident, any income by way of winn...
- A corporate project has an Internal Rate of Return (IRR) of 16%. The company’s actual weighted average cost of capital (hurdle rate) is 12%. Without knowin...
- FEMA, 1999, came into force replacing which Act?
- The price sensitivity of the market is an important factor of ________ element of micro environment.
- What is the maximum limit for insurance coverage provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India?
- Leadership is different from "bossism" because leadership primarily depends on:
- What is the maximum deduction allowed under Section 80U of the Income Tax Act, 1961, for an individual with a severe disability?
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)