New FLASH SALE Dhamaka - Flat 60% Off on All Courses

Practice Accounts Questions and Answers

Intangible Assets under development will be shown under _______ head according to schedule III of Companies act 2013.
Ramnaresh & traders initiated their business on 1st April 2007 with ₹ 12,000 by 6000 units at the rate of ₹ 2 per unit. During the year he sold these u...
Sensitivity Analysis is useful in decision making because __________.
After providing for ___________, Declaration of Dividends for the current year is made.
The time limit for applying for GST registration is within __________ of becoming liable to obtain GST registration.
Which IND AS governs accounting for insurance transactions in India?
In insurance accounting, what is "unearned premium"?
Which accounting method is used for long-duration insurance contracts under IND AS 104?
In insurance accounting, what does the "claims reserve" represent?
Which of the following insurance contracts is likely to have a significant insurance risk component?
In insurance accounting, what is "policyholder surplus"?
What is the role of a Ceding Company in insurance?
Which of the following statements about a Ceding Company in insurance is true?
Which type of insurance contract provides a guaranteed payout to the policyholder regardless of the occurrence of the insured event?
In insurance accounting, what do insurance companies set aside to account for potential claims that may arise after the closing date but within the policy ...
Calls in arrear is shown in Balance Sheet as?
What will be the net working capital if Current ratio of a concern is 1?
The DuPont Analysis uses the following ratios except:
Where to show Share application money received in excess of issued share capital?
As per Schedule III of the Companies Act, 2013, the current maturities of long term debt have to be shown under which of the following heading?
When book profits are less than taxable profits:
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
Which of the following cost are not excluded from the cost of inventories as per AS 2:
V Ltd. sells Customer C a water purifier and maintenance service for 2 years for a total consideration of Rs 20,000. As per IND AS 115, determine how many ...
In the case of a Government company the Comptroller and Auditor-General of India shall, appoint an auditor within a period of _____________ from the commen...
Any casual vacancy in the office of an auditor shall in the case of a company whose accounts are subject to audit by an auditor appointed by the Comptrolle...
Journal entry for recording of bad debt expense is which one among the following?
What is the journal entry for purchasing Machinery from M/S Darjeeling?
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, what is the Margin of safety in % if the budgeted units are 1,00,000.
Who owns the GeM?
What is the role of GeM in promoting transparency in government procurement?
The person responsible for paying any income by way of winnings from lottery an amount exceeding ₹ 10,000, shall deduct
The liability to pay interest u/s 234B would arise when the advance tax plus TDS/TCS to the credit of the assessee is less than
Calculate the inventory turnover ratio:
Calculate the average age of inventory(Assume 360 days in a year):
Operating Margin can be numerically expressed in the form of following equation:-
Interest coverage ratio can be numerically expressed in the form of the following equation:-
What is the ideal liquid ratio of any entity?
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, calculate PV ratio?
In the context of GeM, what is the full form of ‘PAC’?

More Topics

Today's Class

There is no live class for today.