Question
Choose the grammatically correct option from the
followingÂSolution
 Option a is wrong as it should start with do and not are. Option b is eliminated because of does it should have been do. Option c is eliminated because of the word belongs, it should be belong, therefore, option d is the correct answer. Â
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it. Â
A company purchases machinery for âš10 lakhs and incurs âš1 lakh on its installation. The accountant records the total âš11 lakhs under the fixed ass...
If a financially stressed company raises funds through a preferential issue of shares (under SEBI relaxations), what will be the impact on its Debt/Equi...
A company chooses not to record a small calculator worth âš500 as a fixed asset. Which concept is being applied?
A firm sells Product A (âš50/unit, VC âš30/unit) and Product B (âš100/unit, VC âš60/unit) in ratio 2:3. Fixed costs = âš4 lakh. Calculate BEP sales...
Which of the following banking transactions involves the lending of money to individuals or businesses in exchange for interest payments and the promise...
Which form is used for preparing the Profit and Loss Account of an insurance company carrying out life insurance business under the IRDA Regulations, 2002?
Shortage in material can be due to normal reasons or due to abnormal reasons.
Which of the following will be regarded as shortage due to abnormal reason?
In respect of income from house property, the collection charges are allowed up to a maximum of:
This kind of audit is conducted generally between two annual audit ______.
