Question
My boss asked me that why I was late that
day. Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as your answer.ÂSolution
delete ‘that’.
The party who is entitled to receive the payment of a bill of exchange is called the:
Mr. A draws a bill of exchange for ₹1,00,000 on Mr. B for 90 days. Mr. B accepts it and it is discounted by Mr. A from the bank. On maturity, Mr. B fa...
Which of the following is an example of transaction in money under GST laws
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
CSR stands for
Noting charges are recoverable from:
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
Which accounting standard governs the treatment of inventories in India?
Noting charges are ultimately borne by the:
When a bill is dishonored, the drawer's account is debited in the books of the drawee because: