Question
Goods purchased from A for ₹10,000 passed through the
sales book. The error will result in:Solution
Purchases should be debited, but if wrongly recorded in the sales book, it results in an increase in both sales and gross profit. Since actual purchases are understated and sales are overstated, gross profit will be overstated, causing a fictitious increase in gross profit.
In which language was ‘Hind Swaraj’ written by Mahatma Gandhi?
Identify the correct statement.
Of which of the following organisations is India NOT a member?
Lata Mangeshkar was awarded by the India's highest civilian honour 'Bharat Ratna' in the year _____________.
Select the option that is related to the fifth term in the same way as the second term is related to the first term and fourth term is related to the th...
Anorexia nervosa is an eating disorder in teenagers. Here body weight:
The Reserve Bank of India had constituted a Task Force on Development of Secondary Market for Corporate Loans under the Chairmanship of __________.
India is considered to be which of the following types of economy?
Which of the following Khayal artists is the founding father of Lalit Kala Kendra of the University of Pune?
Which of the following languages had a negative decadal (2001-11) growth rate (its speakers) according to Census of India, 2011?
