Question
Solution
The young politician's candid remarks have taken the seasoned leaders in his party completely by surprise.
SA 700 guides auditors on forming an opinion and reporting on financial statements. When an unmodified opinion is given, the report must include a secti...
Calls in arrear is shown in Balance Sheet as?
Price risk is the risk of a decline in the value of a security or a portfolio. How can one transfer price risk?
Preliminary expenses are the best example for _________.
X Ltd. and Y Ltd. amalgamate to form a new company Z Ltd. X Ltd.’s assets are ₹50 lakh, liabilities ₹20 lakh. Y Ltd.’s assets are ₹30 lakh, li...
A company’s normal tax liability is ₹50 lakh, but MAT under Sec 115JB is ₹58 lakh. If MAT credit is allowed, how much can be carried forward, and ...
A company issues 10,000 shares at ₹100 each at a premium of ₹20. ₹80 (including premium) is received on application. How is the premium accounted?
Fill in the blanks by selecting appropriate word/s the List II.
List I:
1.   The _________ ratios are primarily measures of retu...
ICDS IV primarily deals with which aspect of financial reporting
A machine is purchased for $100,000 and $10,000 is spent on its installation. Residual value of the machine is $9,000 and its useful life is 5 years. Ca...
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