A holding company is required to prepare consolidated financial statements. The financials of which of the following will be includes in the consolidate...
GH Ltd took a term loan of Rs.24 crore for a period of 20 years to be repaid in equal annual instalments. The interest is 10% p.a. on reducing balance. ...
If share capital is ₹10 lakh, reserves ₹5 lakh, and accumulated losses ₹3 lakh, Deffered tax liabilities are ₹1 lakh, provision for gratuity is ...
Based on the below information, calculate the net cash flow of the company from operating activities?Â
Net Profit = ₹1,80,000Â
Depreci...
In a cash flow statement, issuance of shares is classified under:
Which of the following statements are not true regarding the issuance of a bank guarantee?
1. All bank guarantees have an expiry period and expir...
Which of the following is correct about the liquidity position of a company whose current ratio is 2.5, and quick ratio is only 0.9?Â
Which of the following statement is true regarding standard costing?
If you want to understand the financial performance of a company over a specific accounting period, which of the following financial statement will be u...
Which of the following statements about Mortgage are not true?
1.   Under a mortgage, the legal ownership of the asset can be transferred ...
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