Question
While preparing the statement of profit and loss, ABC
Ltd. classifies its revenue from sale of products under “Other Income.” Is this in compliance with the presentation norms under Ind AS?Solution
Revenue from sale of products must be shown under “Revenue from Operations” separately as per Ind AS presentation norms.
Consider the following statements about Bharat New Car Assessment Programme (Bharat NCAP):Â
1.     First round of crash testing of the car...
Which organization has approved the new Global Greenhouse Gas Watch initiative?
- What is the name of the healthcare app launched by Jammu and Kashmir CM Omar Abdullah?
Which airline became the first Indian airline to offer WiFi on domestic flights?
In 2024, which landmark did the Angara-A5 rocket achieve during its test flight from the Vostochny Cosmodrome?
Burning a wax candle is an example of which process?
SAMRIDDHI, a one - time property tax amnesty scheme has been released by which state or UT ?
What milestone was achieved by Ratapani Tiger Reserve in Madhya Pradesh?
Consider the following statement about recent amendment in Aadhaar regulations:
I. Update documents supporting their information at least once ev...
To enable every rural household across the country to have provision of potable tap water supply by 2024, Government of India in partnership with States...