Which of the following is not an exceptional item in Profit and loss account?
Extraordinary items are income or expenses that arise from events or transactions that are clearly distinct from the ordinary activities of the enterprise and, therefore, are not expected to recur frequently or regularly. Examples of extraordinary expenses include: · Sale of an investment in subsidiary and associated companies; · Significant charge in Government fiscal policy; · Discontinuance of business segment. All other are exceptional items Conceptual clarity through class discussions and practice Questions like below:
The Prime Minister of India gifted the “Sanjhi Art” painting to the President of ____________?
Which state is going to host 36th National Games?
The 2025 Asian Youth Para Games will be hosted in _____________.
Bandhan bank has roped _________ as its brand ambassador for the bank’s product and service endorsement.
The Prime Minister of India Shri Narendra Modi recently inaugurated Sabar Dairy in which of the following states?
When is International Day for the Eradication of Poverty observed in India?
Recently India’s premier gas distributor _______has set a target of net zero carbon emissions by the year 2040?
To meet the economic crisis going in Sri Lanka which country provided an aid of $50 million to Sri Lanka?
International Hockey Federation has signed _____ as its global World cup partner for the FIH Odisha Hockey Men’s World Cup 2023?
What is the rank of India in Network Readiness Index 2022?