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Practice Accounts Questions and Answers

Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
Which of the following is the correct full form of REIT?
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
What is a reverse auction?
What is the role of GeM in promoting the "Make in India" initiative?
As per recently published data of PIB related to 31st March 2023, How much Gross Merchandise Value (GMV) GeM has recorded in FY 2022-23?
Which Ind AS deals with Revenue from Contracts with Customers?
Which ICDS deals with Accounting Policies?
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inventori...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inventori...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Invent...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inve...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening I...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inve...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Invent...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Invent...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Invent...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inve...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inve...
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inve...
GSTN is a?
What is the taxable event under GST?
A supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts the highest rate of tax.
While calculating the claim outstanding at the end, which claims are considered?
With respect to Insurance Accounting, what is the appropriate adjustment entry based on the provided information? A) Claims intimated and accepted but not ...
What does the term "Surrender Value" signify in the context of insurance policies?
Life Insurance Contact is a contact of:
An arrangement between two insurance companies whereby one transfer is a part of risk to other company is called?
Which of the following is true?
Goods costing ₹ 1,00,000 were insured for ₹ 50,000. Out of these goods, ¾ are destroyed by fire. The amount of claim with average clause will be:...
If the policy is without average clause, a claim for loss of profit will be?
What is the safety margin that insurers must maintain to safeguard the interests of policyholders called?
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
If the MOS = 40000 units and BE units are 35000 and PV ratio is 60%. Calculate profit if revenue per unit is 8.
Interest payable by a non-corporate assessee for deferment of advance tax is
Which of the following assessee is not liable to pay advance tax u/s 207?
The Audit undertaken to check the implications of the top management decisions, having a financial bearing is otherwise known as:
What types of products and services can be procured through GeM?
Can micro and small enterprises (MSEs) benefit from GeM?
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?

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