Question
Consider the following for Q Co. for the year 2021-22: • Cost of goods available for sale: ₹1,00,000 • Total sales: ₹80,000 • Opening inventory: ₹20,000 • Gross profit margin on sales: 25% Closing inventory of goods for the year 2021-22 is:
More Accounts Questions
- X Ltd. and Y Ltd. amalgamate to form a new company Z Ltd. X Ltd.’s assets are ₹50 lakh, liabilities ₹20 lakh. Y Ltd.’s assets are ₹30 lakh, liabilities ₹10...
- Calculate margin of safety from the following information. Output = 160000 units Fixed overheads = Rs. 8,00,000 Variable overhead = Rs. 10 per unit Selling...
- Which of the following is NOT a type of E-commerce?
- By when must the quarterly TDS statement/return for the quarter ending 30th June (Q1) be filed?
- GAAP stands for:
- Which of the following is NOT a money market instrument?
- The National Trade Portal (NTP) for issuance of bills and trade documentation was designed to facilitate:
- A statutory auditor of a company needs to report fraud/suspected fraud within _____ of his/her knowledge of the fraud.
- According to Modigliani-Miller theory, if a firm’s investment policy is fixed, how does dividend decision affect the value of the firm?
- Under CGTMSE, what is the general provisioning requirement on loans covered under guarantee in case of default?
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)