Question
The old lady said that the kids were
playing. Select the option that expresses the given sentence in direct speech.Solution
If the reporting verb is in the past tense the present continuous tense of the reported speech is changed into the past continuous tense.Â
Section 24 (a) prescribes the standard deduction from NAV of a sum equal to?
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has been set up by the Government of India, with which of the following?
Mr. A of Delhi supplied goods to Mr. B of Chandigarh (Union-Territory). Which law will govern this transaction
A company reported a net profit of â‚ą10 lakh. During the year, depreciation was â‚ą4 lakh, accounts receivable increased by â‚ą2 lakh, inventory decrea...
An entity purchases 1,000 shares of X Ltd. at â‚ą120 per share. Brokerage and taxes amount to â‚ą10,000. At year-end, the fair market value of the inves...
Auditor notes that the company has accumulated losses exceeding net worth, but management claims recovery. What should auditor consider?
 If the inventory turnover is divided by 365, it becomes a measure of
Which financial statement reports a company’s revenues and expenses over a specific period of time?
Calls in arrear Is
The point at which the liability to charge tax arises is called as the
