Question
Spot the grammatical errors in the given sentence. Mark
the part with error as your answer. If there is no error, mark "No error" as the answer. (Ignore punctuation error) The woman that had (a)/ kidnapped a child has now (b)/ been apprehended and is being (c)/ held in the city's jail. (d)/ No error (e)Solution
No Error
Calculate cost of goods sold from the following figures:
Opening stock = Rs. 3,500
Purchases = Rs. 21,000
Closing stock = Rs. 2,500
Which Schedule of the Companies Act, 2013 deals with the general instructions for preparation and presentation of the final accounts of a company?
Calculate the Quick ratio based on above information?
A company produces a single product with the following cost structure:
• Selling price per unit: ₹500
• Variable cost per unit: ₹3...
The objective of ______ is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard.
____________ = (sales value – variable cost)/ Sales value
Which of the following cost are not excluded from the cost of inventories as per AS 2:
A construction company signs a ₹50 crore contract for building a bridge over 5 years. It recognizes revenue based on the percentage-of-completion meth...
A company has a paid-up share capital of ₹80 lakh and free reserves of ₹120 lakh. It plans to buy back 25% of its paid-up equity shares. The face va...
Which of the following is NOT an example of an intangible asset under AS 26?