Question
Mr. X draws a bill on Mr. Y for ₹1,00,000 payable
after 3 months. Mr. Y accepts the bill but fails to honour it on maturity. What is this act called in accounting terms?Solution
When an accepted bill is not honoured on the due date, it's known as dishonour of bill, and liability is reinstated.
Statements: U ≤ T < V; W < V; S = T < R; X < W = Y < Z
Conclusions:
I. R > U
II. X < S
III. T < Z
Which of the symbol should replace the question mark in the given expression in order to make the expression “M ≥ Q” as well as “O > K” defini...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
In each of the following questions, the relationship between different elements is shown in the statements followed by two conclusions. Find the true c...
Statement: N < O; Q ≤ P = O; S > P; R ≥ O
Conclusion:
I. S > R
II. R ≥ S
Statements:
C < D ≤ Y = S; U > L = T; C < L = O > E
Conclusions:
I). U > E
II). T > Y
...Statements: L > M > Z ≥ S < R = O < N
Conclusion
I. N ≥ L
II. L > S
...Statements: E = Q > R = Y ≤ Z = N; K = Y; L > R
Conclusion: I. N > L II. N ≤ L
Statement: Z > F ≥ O; Z ≤ G = P; Q > F
Conclusion: I. P > O II. Q > G
Which of the following symbols should replace the sign ($) and (*) respectively in the given expression in order to make the expression A ≥ J and P ...
