Question
What is the significance of celebrating World Ozone Day
on 16th September each year?Solution
Explanation: World Ozone Day is celebrated on 16th September each year to commemorate the signing of the Montreal Protocol, which is an international environmental treaty aimed at phasing out the production and consumption of Ozone Depleting Substances (ODS). This treaty came into force on this day in 1987.
Which of the following scenarios correctly reflects the going concern assumption?
What is the maximum deduction allowed under Section 80U of the Income Tax Act, 1961, for an individual with a normal disability?
Under which of the following accounting systems, real & nominal accounts are ignored?
A company purchased machinery for ₹10,00,000 on 1 April 2021. The machine has a useful life of 5 years, and depreciation is charged using the straight...
A provision is recognised when:
Which type of prospectus can be used for inviting subscriptions of securities for one or more issues over a certain period of time?
For which of the following goods, the manufacturer is not allowed to opt for composition scheme:
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On Jan 1, 2017 the position of V. Mathur was as follows:
Â
Inventory in hand Rs. 2400; Bills payable Rs. 400; Cash at Bank Rs. 1800;...
Which of the following statements are true or false?
Statement 1: Management of cash means management of cash inflow.
Statement 2: Cash ma...
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