Question
Select the word that best expresses the meaning of the
underlined word. If you abstain from unnecessary criticism, you will be happier in life.Solution
The word ‘abstain ‘means ‘to not do something you could do’. The word ‘avoid’ is a near synonym.
On dissolution, A’s capital = ₹50,000, B’s capital = ₹30,000. Cash realised = ₹60,000. Creditors = ₹20,000. Loss on realisation is shared eq...
A property has Gross Annual Value ₹2,40,000. Municipal taxes paid ₹40,000. Standard deduction is 30%. What is the income from house property?
The per unit expenses of the ____(1) ___ portion of factory overhead varies with the volume of production while ___ (2)___ portion remains the same with...
The MoA of the company specifies the maximum capital that can be raised by a company. This is referred to as the __________
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 ...
From the below Ind AS 2 is not applicable in which of the following cases?
Which of the following is a representative personal account?
Parent Co. acquires 80% of Subsidiary Co. for ₹16,00,000 when Subsidiary’s net assets are ₹15,00,000. At acquisition, the fair value of minority i...
Which of the following wage systems does NOT provide an incentive for efficiency?
Under Section 205-A, unpaid dividends shall be transferred to Special Dividend's Account after the expiry period of declaration of such dividend. What i...
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