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Portion of Notional profits or Estimated Profits transferred to Profit and Loss Account: - depends on the stage of completion of the contract ie. Ratio of (Work Certified / Total Contract Work) Concept of Prudence requires that the total Notional profit should not be transferred to Profit and Loss Accounts but the portion of it should be kept in reserve to meet any unforeseen future expenses or contingencies.
The product of two positive numbers is 192. If one of the numbers is twice the other, then find the difference between the given two numbers.
The difference of two numbers is 1365. On dividing the larger number by the smaller, we get 6 as quotient and the 15 as remainder. What is the smaller n...
If a number is decreased by 8 and divided by 12, the result is 16. What would be the result if 10 is subtracted from the number and then it is divided ...
What is the smallest number that needs to be added to 978 to make it a multiple of 37?
Find the maximum number of trees which can be planted, 25 meters apart, on the two sides of a straight road 2125 meters long?
When N is divisible by 5 the remainder is 2. What is the remainder, when n³ is divided by 5?
The sum of two numbers is 32 and one of them exceeds the other by 18. Find the greater number.
25% of a number exceeds 1/6th of the same number by 7. What is the number?
A fraction becomes 1/6 when 4 is subtracted from its numerator and 1 is added to its denominator. If 2 and 1 are respectively added to its numerator and...
