Question
A company fails to accrue wages for March that will be
paid in April. The company’s year-end balance sheet liabilities:Solution
Accrued expenses are incurred but not yet paid or recorded. It should have been included in the liabilities side of the balance sheet in the accrued month and as outstanding expenses in profit and loss statement. Without this entry, net income and owners’ equity are overstated, while liabilities are understated.
Find the smallest number greater than 300 which leaves a remainder 1 when divided by 4, 5 and 6.
The sum of three consecutive odd natural numbers each divisible by 3 is 81. Which number is the largest number among the three numbers?
- 40% of 'P' is (2/3) of 'Q'. Determine the ratio P to Q, assuming both are co-prime.
Let ‘y’ be the smallest number divisible by 12, 20, 28, and 42, such that ‘y’ is a perfect square. What will be the remainder when ‘y’ is di...
Find the difference between minimum and maximum value of 'h' such that '1h9843' is always divisible by 3.
- The divisor is 50% of the quotient and 7 times the remainder. If the remainder is 2, then what is the dividend?
Find the number of Digits required to write down the number of Pages in a 500 page book?
Find the remainder when 345 is divided by 10.
Consider a three-digit number where the middle digit (tens place) is 3. If the digits in the hundreds and ones places are swapped, the new number become...
- Sum and difference of two natural numbers is 89 and 15. Find the square of sum of digits of smaller number.
