Question
Many people believe that the new smartphone model isÂ
the best thing since sliced bread . Choose the correct meaning of the idiom in bold:Solution
The idiom "best thing since sliced bread" refers to an innovation or development that is regarded as a great advancement or improvement, often used to express enthusiasm for something new and beneficial.
Noting charges are recoverable from:
A negotiable instrument as per the Negotiable Instruments Act, 1881 includes:
Which accounting standard governs the treatment of inventories in India?
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...
The person who draws a bill of exchange is called the:
Accounts relating to income, revenue, gain expenses, and losses are termed as:
When a bill is dishonored, the drawer's account is debited in the books of the drawee because:
The party who is entitled to receive the payment of a bill of exchange is called the:
The person in whose Favor a bill is endorsed is called:
A bill of exchange for ₹40,000 was discounted with the bank for ₹39,500. The amount of discount charged is:
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