Question
During the audit of ABC Ltd., the auditor identifies
that a major debtor who owed ₹2 crore has declared bankruptcy post year-end but before signing of the audit report. What should the auditor do?Solution
This is an “adjusting event” under AS-4 (or Ind AS 10), as the condition existed at the balance sheet date and needs to be reflected in the financials.
If 'A + B' means 'A is wife of B', 'A - B' means 'B is brother of A', 'A X B' means 'B is sister of A', 'A ÷ B' means 'A is father of B'. In the given ...
Pointing to a person in a picture, Lokesh, who is a male, said, "She is the daughter of my father's daughter's son's mother". How is the person in the ...
A is the husband of B, C is the mother-in-law of B, D is the father of A, E is the mother of D, F is the mother of C and G. If H is the father of D, the...
Answer the questions based on the information given below.
Six persons M, N, O, P, Q and R live in a family of three generations. M is married ...
How is F related to A’s child in ‘A@B$C@D#E$F’?
How is B related to D?
How is F related to mother of I?
If G is the son of H, H and I are sisters, K, is the mother of I, J is the son of K, then which of the following statements is correct?
How many male members are there in the family?
Introducing Meenakshi, Ramsingh says, "She is the sister of the son of my mother's sister". How is Meenakshi related to Ramsingh ?